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Sold for $5,600,000 on 01/26/24
  • $5,600,000

    3625 N 16th St, Phoenix, AZ 85016

    37beds
    3baths
    19,840sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $5,660,300 Zestimate®
    $282/sqft
    $1,966 Estimated rent

    What's special

    Playton Place At Biltmore offers style and convenience while raising the bar for urban apartment living in central Phoenix. Originally built in 1963 and 1973 as office space, the subject property went through an extensive adaptive reuse process with the City of Phoenix converting the property's use to apartment living (23-Units). During construction, the building's midcentury modern exterior facade was left intact, while everything else was re-built from top to bottom. Construction was completed in 2022, using high-end finishes and modern contemporary design. With strong submarket fundamentals coupled with the Phoenix market's continual improvement and recovery, Playton Place At Biltmore is well positioned to achieve continual revenue increase.

    Zillow last checked: 7 hours ago

    Listing updated: January 28, 2024 at 03:45pm

    Listed by:

    Natan Jacobs 602-281-6202,

    Vestis Group

    Bought with:

    Non-MLS Agent

    Non-MLS Office

    Source: ARMLS,MLS#: 6656567MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 37
    • Bathrooms: 3
    Heating
    • Individual, Electric
    Cooling
    • Ceiling Fan(s), Electric, Individual
    Appliances
    • Included: Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
    Features
    • Flooring: Vinyl, Concrete
    Interior area
    • Total structure area: 19,840
    • Total interior livable area: 19,840 sqft

    Property

    Parking
    • Total spaces: 69
    • Parking features: Paved, Add'l Parking Avail, >1 Space Per Unit, Carport
    • Has carport: Yes
    • Covered spaces: 35
    • Uncovered spaces: 34
    Lot
    • Size: 1.39 Acres
    • Dimensions: 60,586 SF
    Details
    • Parcel number: 11930063A
    • Zoning: C-2, Phoenix

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Stucco, Block, Slump Block
    • Roof: Concrete,Foam
    Condition
    • Year built: 1963

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Sewer-In & Connected, Public Sewer
    • Water: Master Meter, City Franchise
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Community
    • Community features: See Remarks, No Pool
    Location
    • Region: Phoenix

    Other

    Other facts
    • Listing terms: No Carry,Conventional,1031 Exchange
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
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    Estimated market value

    $5,660,300