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← Pipeline·Lumen North Phoenix·EXITED

Ask about Lumen North Phoenix — the deal brief is on the right. Try 'triage this deal', 'draft IC memo', or 'summarize DD findings'.

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Deal brief

Lumen North Phoenix

Lumen North Phoenix

Multifamily North Phoenix EXITED
Address 1233 Gateway Ave
Location Phoenix, AZ
Size 144 units
Built 1986
Occupancy 89.5%
Ownership Reit

Deal economics

Ask price
NOI (annual) $1.9M
Cap rate 5.63%
LTM revenue $2.8M
LTM NOI $1.5M
Seller intent Hot

Top tenants

  • Resident lumen--143 · 243$4k base
  • Resident lumen--141 · 241$4k base
  • Resident lumen--135 · 235$3k base
  • Resident lumen--140 · 240$3k base
  • Resident lumen--142 · 242$3k base

DD findings

  • No findings yet — try running the Doc Room Auditor.
144-unit garden-style community in North Phoenix, Phoenix. Built 1986. Current occupancy 89.5%.