Properties
Phoenix, AZ 85032 17444 N 32ND Street
$5,400,000
19 more
Presented By: HomeSmart; 602-230-7600
Home Details
Campo Bello Apartments is a newly constructed (2022), Class A 12-unit multifamily community located in the highly desirable North Phoenix submarket. The property features an attractive mix of 2-bed/2-bath and 3-bed/2-bath units and delivers strong performance with a 5.23% proforma cap rate and projected NOI of $282,295. Ideally positioned near Paradise Valley Community College with quick access to SR-51 and Loop 101, residents enjoy proximity to major employment centers, retail, dining, and parks. Units offer designer kitchens with stainless steel appliances, in-unit washer/dryer, LVP flooring, modern baths, and spacious floor plans averaging 1,432 SF. Modern construction and minimal deferred maintenance make Campo Bello a true turn-key investment with long-term durability.
Presented By: HomeSmart; 602-230-7600
Interior Features for 17444 N 32ND Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCarpet, Vinyl
Heating Y/NYes
General for 17444 N 32ND Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.24
Carport Y/NNo
CityPhoenix
Community FeaturesBarbecue, No Pool
Construction MaterialsWood Frame, Stucco
CoolingCentral Air
CountyMaricopa
DirectionsFrom Loop 101, take the 32nd Street exit, head south on N 32nd Street, and the property at 17444 N 32nd Street will be on your right-hand side.
DisclosuresNone
ElectricAPS
Elementary School DistrictParadise Valley Unified District
Garage Y/NNo
Gross Income323510.4
HeatingCentral
High School DistrictParadise Valley Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income282995.0
New ConstructionYes
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total12
Open Parking Spaces24.0
Operating Expense42209.0
OwnerPaysTrash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property ConditionNew Construction
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofTile
Security FeaturesSecurity Light(s)
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCAMPOBELLO
Tax Annual Amount18069.0
Tax Lot72
Tax Year2025
Township4N
Year Built2022
ZoningR-3
Exterior for 17444 N 32ND Street
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesRain Gutters
Irrigation Water Rights Y/NNo
Lot DimensionsThe site measures approximately 186.85 feet along
Number of Buildings2
Parking Features>1 Space Per Unit, 1 Space/Unit, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking24.0
Water SourceCity Franchise
Additional Details
Price History
