About The Property

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.
Courtesy of HomeSmart 602-230-7600
Listing Snapshot
Days Online
282
Last Updated
Property Type
Multiple Dwellings
Beds
40
Year Built
1961
MLS Number
6946527
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer, W/D Hookup
Building
Built in 1961, Construction materials: Stucco, Block, 18 total units
Cooling
Central Air
Floors
Vinyl
Heating
Central
Parking
Detached Carport, >1 Space Per Unit, 1 Space/Unit, On Street, 39 total parkings
Property
Zoning: R-4
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $7,322, Lot: 10
Utilities
Individual Meter
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30 Days Snapshot Of 85015
$402k
-8%
(avg) sold price
18
-5%
homes sold
126
+57%
(avg) days on market
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Monthly Payment
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