17444 N 32ND Street, Phoenix, AZ 85032
$5,400,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$5,400,000
Last Modified:
1/14/2026
Description
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.
More Information MLS# 6967933
Contract Info
Current Price: $5,400,000
List Price: $5,400,000
Status: Active
List Date: 2026-01-13
Ownership: Fee Simple
Location Tax Legal
House Number: 17444
Compass: N
Street Name: 32ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 2198
County Code: Maricopa
Subdivision: CAMPOBELLO
Assessor Number: 214-03-072-B
Tax Year: 2025
General Property Description
Lot Size Dimensions: The site measures approximately 186.85 feet along
Year Built: 2022
Uncvrd Parking Spcs: 24
Total # of Units: 12
# of Buildings: 2
Zoning: R-3
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks Misc
Cross Street: N 32nd Street & Bell Rd
Directions: From 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.
Geo Lat: 33.644579
Geo Lon: -112.013984
Legal Info
Township: 4N
Range: 3E
Section: 35
Lot Number: 72
Income Expenses
Gross Annual Sch Inc: 327600
Net Operating Income: 282995
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 2200
Avg SqFt: 1336
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 6
Avg Rent: 2350
Avg SqFt: 1528
# Baths: 2
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco
Construction Status: New Construction
Roofing: Tile
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only; Land & Building; Personal Property; Laundry Equipment
Payment Includes: Interest
Community Features: No Pool; Barbecue
Exterior Amenities: Desert Landscaping; Rain Gutters; Curb(s) & Gutter(s); Patio/Balcony; Security Light(s)
Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Central
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street; 1 Space/Unit; >1 Space Per Unit
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Cash to Loan; Conventional
Environmental: None
Documents
Offering Memorandum ›Listing Office: HomeSmart
Last Updated: January - 14 - 2026
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