Archive for Multifamily Market

Multifamily Is Gaining Popularity From More Then Investors.

Multifamily or Muli-unit properties are regaining popularity not only amongst investment real estate buyers but buyers who want to purchase such properties for owner occupancy. 
This is trend which will probably grow and it presents an opportunity for builders and current owners to build and update existing properties to cater to this new clientel.
This type [...]

Residential Multifamily Market Trends in Greater Phoenix

The previous post dealt with only fourplexes.  This post deals with all residential multifamily resales in Greater Phoenix.  This would include duplexes, triplexes as well at the fourplexes talked about in the previous post.

(Total Sales of Duplexes, Triplexes and Fourplexes)
While the fourplex sales were very low, total sales of residential multifamily properties held steady and [...]

Greater Phoenix Fourplex Sales Update for June 2008

The June 2008 Fourplex resale numbers are in and overall the market is weaker.  All the factors affecting the small multifamily market are similar to the residential market but multiplied.  In June only 4 Fourplexes sold in Greater Phoenix; yes, that is the total number for Maricopa County and parts of Pinal County.  Last year [...]

Phoenix Apartments for Sale Search Is Active.

The Arizona Apartment Investor multifamily property search is active. 
Simply click on the tab on top titled "Multifamily Properties For Sale" and you’ll have a choice of several searches plus photos of the newest properties for sale. 
At the bottom is map showing where the newest properties for sale are located.
If you need any help please call [...]

Distressed Fourplexes In The Phoenix Market

 
From the  200 Active fourplexes in Phoenix, Scottsdale and Glendale there are 27 which are short sale or foreclosed; lender owned properties.  This is down about 20% from 2 months ago.  Many of those lender owned properties have been purchased by savvy investors. 

Fourplexes currently start at $99,000. Yes it’s a fix up but someone [...]

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