Multifamily CRE Broker/Investor in AZ. 33 yrs over 1000s of transactions. CCIM, J.D., & MBA [email protected],602-672-3526

Phoenix, AZ
Joined October 2015
Cass Stephens retweeted
Unique Midtown-Uptown Phoenix 4+ unit complex. 4000 sf + huge workshop/garage. 18K lot that runs from 746 W Coolidge to 915 W Highland. $999k. youtube.com/watch?v=aVrlVCpd…
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Cass Stephens retweeted
Uptown Phoenix 4+ Unit Compound. 746 W Coolidge. 18K sf lot. 6.2 CAP pro forma. $250/sf. $999,000
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Cass Stephens retweeted
Uptown Phoenix 9 unit with attractive seller financing. 7.2 CAP. $1,699,000.
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Cass Stephens retweeted
Now $1,699,000. 7.2 CAP based on 2025 P&L. Attractive seller financing available. Uptown Phoenix 9 unit. 5035 N. 23rd Ave. 25K sq ft lot. Video reflects original price.
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Cass Stephens retweeted
Sold! This heavy value-add actually closed in late December. 30 day post rule in effect? $675,000/5 units. Repped the buyer, a cash investor. North Phoenix. 321 E Carol.
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Cass Stephens retweeted
Sold! What a long, strange trip it has been. This 5 unit complex at 4450 N. Longview (Midtown PHX) was on/off the market for three years with multiple brokers. 2025 P&L was $-1,042 pre-tax. A negative CAP rate. Against all odds. $995,000/$352/sf/1031 buyer. May 2025 video.
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Cass Stephens retweeted
Sold by Cass! 338 E Vogel. 6 units. $1,150,000/full price. Seller Financing (70% LTV/5% I/O/3 yr balloon). Required a flexible buyer. One previous escrow fell through. 10+ offers declined. No buyer rep. Nice to work with a great seller & buyer (not easy to find).
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Cass Stephens retweeted
Speaking of...the only 4plex in Phoenix for sale with 2004 construction & all 2 bedroom units for under $800,000. 2324 W Lone Cactus 101 Deer Valley.
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Cass Stephens retweeted
youtu.be/bb1EBIPrRiQ -New 9 unit listing by Cass Stephens. -Seller Financing (6% i/o, 30% down). -6.87 CAP from 2025 P&L ($122k NOI). -Large 25K sf lot = More Density -5035 N. 23rd Ave, north of Camelback, 1 mile east of GCU. -Offered @ $1,780,000. Phoenix MSA.
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Only all 2 BR/1980 or newer 6-12 unit multifamily currently for sale in Phoenix. $1,080,000. 100% occupied. 6+ CAP. 17500 sf lot with high-density zoning. Quiet, North Central location. 2118 W Belmont.
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New Price ($999,000) for the near Biltmore Corridor 5. Completely renovated inside/out. 4450 N Longview
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New Historic Grand Ave District 8plex listing. 1625-1629 W Fillmore (twin 4's on separate lots). Fully upgraded from top-to-bottom with builder/owner quality. $1,285,000
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New 6 unit listing in Central Phoenix. All 2 bedroom units! 6 CAP. Jumbo 17.5k sf lot. Many upgrades. Light value-add. Highly competitive to current comps. $1,080,000 or $180,000/unit.
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New Listing: 4450 N Longview. 5 units. Biltmore Corridor Area. Fully upgraded with all newer plumbing/electrical. $1,099,000. More details coming soon...listed by Cass.
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New to the Market 4 unit near Paradise Valley Village. 2 blocks to Paradise Valley Park. Listed by Cass. Huge units. 4000 sf total. 5 CAP with low rents. Value add. 18227 N 40th Place $899,000.
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15 unit assemblage next to ASU with a 6.5 CAP. Prime dirt in opportunity zone. Seller Financing. Assemblage includes two 4 unit buildings: a six unit building: and a huge single-family. Package or buy individually. $3,500,000/15 units. Or $800k/4; $1.2m/6; & $700k/sf.
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8.3 CAP with room to raise rents! 131 W Lindbergh has many upgrades; 100% occupied; flexible leases; with room to increase cash flow even more. Coolidge AZ is next to Casa Grande, along the I-10/Pinal County. 20,000+ sf lot in OZ. $699,900. Bonus 10k sf lot for $40k adjacent.
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Cass Stephens retweeted
Most total single-family permits in 2024, by metro 1. Houston, TX 2. Dallas, TX 3. Phoenix, AZ 4. Atlanta, GA 5. Charlotte, NC Table via @ResidentialClub
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Close to an 8 CAP Coolidge AZ 6 unit. $750,000. Adjacent lot also available.
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