SOLD JUN 22, 2015
RENTED APR 23, 2025
1822 N 32nd St Phoenix, AZ 85008
Camelback East Village Neighborhood
--
Bed
--
Bath
1,475
Sq Ft
0.69
Acres
Highlights
- Cooling Available
- Community Barbecue Grill
- Heating Available
- The Creighton Academy Rated 9+
About This Home
As of June 2015Oberon Place Apartments is a 24-unit garden-style apartment community located in a desirable east Phoenix neighborhood with high barriers to entry. Built in 1981, the property is made of wood frame and stucco construction with built-up roofs, and is individually metered for electricity. Oberon Place has a unit mix consisting of a studio, one-bedroom and two-bedroom, two-bathroom floor plans that are spacious and well designed and average approximately 674 square feet. Interior unit features include fully appointed kitchens with electric appliances and majority of the units have new countertops, 20-inch porcelain tile flooring, ceiling fans, linen closets, raised panel interior doors, upgraded lighting and vertical blinds. Exterior capital improvements include upgraded landscaping, majority new dual pane thermal windows with shade screens, on-site laundry facility and barbeques.
The property is situated on approximately three quarters of an acre and is attractively landscaped with low-water use desert landscaping. Community Amenities include covered parking, a barbeque area and on-site laundry facility.
Oberon Place Apartments offers an investor the opportunity to acquire a performing, garden-style apartment community located in a desirable east Phoenix submarket with stable cash flow and additional value-enhancement potential. In the third quarter of 2014, the submarket rents averaged $0.99 PSF as compared to $0.75 PSF at the subject property, and has experienced consistent increases in occupancy levels above those of the metropolitan Phoenix area. With the improving submarket fundamentals coupled with the Phoenix markets continual improvement and recovery, Oberon Place is well positioned to achieve further revenue increases.
Last Agent to Sell the Property
Jeff Seaman
CBRE, Inc License #SA551921000 Listed on: 04/06/2015
Last Buyer's Agent
Jeff Seaman
CBRE, Inc License #SA551921000 Listed on: 04/06/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,539
Year Built
- Built in 1981
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Parking
- 9 Open Parking Spaces
- 33 Parking Spaces
- 24 Covered Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for water, sewer
- Assessor Parcel Number 120-20-079
Community Details
Overview
- 4 Buildings
- 24 Units
- Building Dimensions are 30448
Amenities
- Community Barbecue Grill
Building Details
- Gross Income $143,224
- Net Operating Income $72,227
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Rented | $1,200 | 0.0% | -- |
| 04/18/2025 04/18/25 | For Rent | $1,200 | +0.4% | -- |
| 08/23/2022 08/23/22 | Price Changed | $1,195 | +19.5% | $2 / Sq Ft |
| 08/23/2022 08/23/22 | Price Changed | $1,000 | -28.3% | $2 / Sq Ft |
| 08/04/2022 08/04/22 | Price Changed | $1,395 | +16.7% | $3 / Sq Ft |
| 08/03/2022 08/03/22 | For Rent | $1,195 | 0.0% | -- |
| 06/22/2015 06/22/15 | Sold | $1,000,000 | +0.2% | $678 / Sq Ft |
| 04/16/2015 04/16/15 | Pending | -- | -- | -- |
| 04/06/2015 04/06/15 | For Sale | $998,000 | 0.0% | $677 / Sq Ft |
| 03/31/2015 03/31/15 | Sold | $998,000 | -5.0% | $677 / Sq Ft |
| 02/02/2015 02/02/15 | Pending | -- | -- | -- |
| 10/31/2014 10/31/14 | For Sale | $1,050,000 | -- | $712 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
Dwayne Hall
ProEx Realty Management
-
Paul McFarlane
P
Seller Co-Listing Agent in 2025
Paul McFarlane
ProEx Realty Management
(602) 492-0204
11 Total Sales
-
J
Seller's Agent in 2015
Jeff Seaman
CBRE, Inc
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5261348
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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