17444 N 32ND Street, Phoenix, AZ 85032 (MLS# 6967933)

17444 N 32ND Street, Phoenix, AZ 85032

$4,995,000

Property Type: Multiple Dwellings Bedrooms: 30 Baths: 24 Status: Active

Current Price: $4,995,000 Last Modified: 8/25/2026

Overview

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 5.66% actual true cap rate. 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.

Listing Details MLS# 6967933

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
Country: US
County Code: Maricopa
Subdivision: CAMPOBELLO
Assessor Number: 214-03-072-B
Tax Year: 2025

Contract Info

Ownership: Fee Simple

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.

Legal Info

Township: 4N
Range: 3E
Section: 35
Lot Number: 72

2 Bedroom Units

# 2 Bedroom Units: 6
Avg Rent: 2200
Avg SqFt: 1336
# Baths: 2

More Information

3 Bedrooms Units

# 3 Bedroom Units: 6
Avg Rent: 2350
Avg SqFt: 1528
# Baths: 2

Structure

Bedrooms Total: 30
Bathrooms Total: 24

Income Expenses

Gross Annual Sch Inc: 327600
Net Operating Income: 282995

Showing Notification Methods

Showing Service: No Showing Service Used

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: August - 25 - 2026