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.
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
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#: 6656567

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