Christopher Bay

Phoenix AZ Residential Income for Sale

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Rose Vista, a, 11-unit apartment community, just south of the 19th Avenue and Northern Avenue intersection in a desirable residential neighborhood, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across 1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management. Completed in 1961 and 2011 , Rose Vista is comprised of 4 one-bedroom (36%) and 7 two-bedroom (64%) floorplans, offering an average of 859 square feet. All units include direct access car-ports, private back patios and in-suite (2011 Built) or back-patio washer/ dryers. Future ownership will have the opportunity to renovate the 9 classic units and capitalize on the rent premium based on the current market and achieved rents by similar properties in the immediate surrounding area.

Glendale AZ Residential Income for Sale

Concept at 43rd Ave is a 20-unit townhome community located southwest of theintersection of 43rd & Orangewood Avenues offering immediate mobility through theadjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyleand economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by 412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

Phoenix AZ Residential Income for Sale

Ideally positioned just east of Central Phoenix's largest major employment corridor, Villa at Melrose (''the property'') is an 8-unit multifamily community located north of Indian School Road on 11th Avenue. The property sits within the desirable Midtown submarket, surrounded by the growing lifestyle opportunities the immediate area offers. The Property's nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Anchoring the gateway to North Central Phoenix's historic core, Villa at Melrose presents outstanding walkable access to a mix of the best local and national retailers and restaurants including Sprouts, Natural Grocers, Valentine, Clever Koi, AJ's, and West Elm. Ample employment opportunities are found through the nearby Innovation Employment Corridor, Arizona's economic driving force, boasting more than 171,000 total professionals dispersed across its Midtown and Downtown Phoenix setting occupying a diverse range of industries from business services and finance to healthcare, education, and government services. Completed in 1958, and fully renovated in 2023, Villa at Melrose is comprised of 4 one-bedroom (50%) and 4 two-bedroom (50%) floorplans, offering an average of 675 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers (select units). In addition, the entire community exterior and common area has been upgraded including new landscaping, exterior paint, common area, and roof. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors.

Phoenix AZ Residential Income for Sale

Ideally positioned immediately north of Central Phoenix's largest major employment corridor, The Vue Townhomes (''the property'') is a 26-unit majority townhome community located at the southwest corner of the 15th Avenue and Missouri Avenue intersection. The property sits within a desirable residential neighborhood, surrounded by the growing lifestyle opportunities of a rapidly improving area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative redevelopment efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across 1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management. Completed in 1967, The Vue at 1501 is comprised of 8 one-bedroom (31%) and 18 two-bedroom townhome (69%) floorplans, offering an average of 823 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers. In addition, the roof and pool have been recently updated leaving additional upside of enhancing the curb appeal through common area capital expenditures such as exterior paint and landscaping. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's extremely rare majority-townhome mix in a rapidly-transforming, centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors. With $2,308 average on-market rent for townhomes within a one-mile radius of the property, new ownership will have a clear competitive advantage to push market rent while remaining the lower cost option amongst competitive units in the submarket.

Phoenix AZ Residential Income for Sale

Advantageously situated directly north of Midtown's Melrose Arts District , Palm Square (''the property'') is an 18-unit community primely located in Central Phoenix. With the convenience and proximity of the Interstate 17 Freeway and State Route 51, two of The Valley's major transportation arteries, residents are provided direct access to nearly any destination across The Valley within a desirable commute time. A number of the most prominent employment and entertainment corridors in the state are just a short drive away. The Innovation Employment Corridor, which runs down Central Avenue, provides employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. In addition, Palm Square is just two miles from Grand Canyon University, the largest Christian university in the nation, with an on-campus enrollment of 25,000 students and online enrollment of 90,000 students. Built in 1958 Palm Square is comprised of 6 studio, 10 one-bedroom, and 2 two-bedroom floorplans. The entire community's exterior has been renovated with new paint, landscaping, roof, windows, and select mechanical (HVAC and electrical). In addition, 15 of the 18 unit's interiors have been renovated with new appliances, countertops, cabinets, flooring, fixtures, hardware, and individual washer/dryer.

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

The well-rounded locationalaspect of this property begins with its proximity to Grand Canyon University at less than a two-mile distance. In addition, Interstate 17 (I-17)placed less than half a mile from the property provides incredible ease of transportation to largely anywhere in the valley, including multipleemployment corridors nearby. Innovation Employment Corridor running down Central Avenue into Downtown Phoenix and the SouthwestValley Industrial Corridor found in the southern portion of the greater west valley present ample employment opportunities within a shortcommute.

Phoenix AZ Home for Sale

The well-rounded locationalaspect of this property begins with its proximity to Grand Canyon University at less than a two-mile distance. In addition, Interstate 17 (I-17)placed less than half a mile from the property provides incredible ease of transportation to largely anywhere in the valley, including multipleemployment corridors nearby. Innovation Employment Corridor running down Central Avenue into Downtown Phoenix and the SouthwestValley Industrial Corridor found in the southern portion of the greater west valley present ample employment opportunities within a shortcommute.

Phoenix AZ Home for Sale

Willetta is a 28-unit apartment community south of the 35th Street and Willetta Street intersection. Located less than half a mile from Loop 202 enables effortless access to countless destinations by a short commute to Interstate 10, Route 51, and Loop 101. This ease of transportation combined with a robust immediate landscape including multiple premier employment corridors, endless nightlife and entertainment options, and Phoenix Sky Harbor Airport, result in a thriving environment to live in. Developed in 1960, Willetta offers one studio, 11 one-bedroom, and 16 two-bedroom units. Future ownership will have the ultimate opportunity to renovate all 24 of the classic units to capitalize on an associated $175 rent premium based on the achieved rents of similar properties nearby.

Phoenix AZ Home for Sale

Portland is a 7-unit apartment community primely located adjacent to the heart of Downtown Phoenix off the corner of 7th Street and Portland Street. Surrounded by a plush landscape full of everything downtown has to offer - abundant employment opportunities and endless entertainment options - Portland apartments offers residents a vibrant live-work-play environment to thrive in.The Innovation Employment Corridor running along Central Avenue from Downtown Phoenix north through the midtown neighborhoods, offers access to some of the most sought-after employers in the valley such as Wells Fargo, JPMorgan Chase, and Freeport-McMoRan. Within walking distance of Portland is Roosevelt Street or ''Roosevelt Row'', which is home to numerous restaurants, cafes, and trendy nightlife destinations.

Phoenix AZ Home for Sale

Portland is a 7-unit portfolio primely located adjacent to the heart of Downtown Phoenix off the corner of 7th Street and Portland Street. Surrounded by a plush landscape full of everything downtown has to offer - abundant employment opportunities and endless entertainment options - Portland apartments offers residents a vibrant live-work-play environment to thrive in.The Innovation Employment Corridor running along Central Avenue from Downtown Phoenix north through the midtown neighborhoods, offers access to some of the most sought-after employers in the valley such as Wells Fargo, JPMorgan Chase, and Freeport-McMoRan. Within walking distance of Portland is Roosevelt Street or ''Roosevelt Row'', which is home to numerous restaurants, cafes, and trendy nightlife destinations

Phoenix AZ Home for Sale

Prodigy is a 16-unit apartment community located at Thomas Road and 16th street, less than half a mile from State Route 51 (SR 51). Beyond its envious positioning quarter of a mile from Phoenix Children's Hospital and its +/-318,818 employees, this Central Phoenix location is engulfed by well-established, thriving employment corridors within a three-mile commute. Both the Biltmore Camelback and the Innovation Employment Corridors provide effortless access to top-tier employers such as IBM, Deloitte, Cisco, and Morgan Stanley. Prodigy is entirely two-bedroom units, each 800 square feet. Future ownership will have immediate cash-flow, while having the opportunity to capitalize on current below-market rents as lease turnover leads to each unit becoming marked-to-market.

Phoenix AZ Home for Sale

Tower Villa is a 14-unit apartment community located in the Arcadia Lite neighborhood just south of the 39th Street and Earll Drive intersection, an area defined by its centrality among the high-profile professional & lifestyle prospects of the Camelback, Innovation, and 44thStreet/Gateway Corridors. Positioned between bustling downtown Phoenix, burgeoning midtown, and the posh communities of Arcadia and Biltmore, Tower Villa achieves an optimal balance between live, work, and play.Developed in 1957, the property offers 10 one- and 4 two-bedroom units, with a total average unit size of 771 square feet. Future ownership will have the luxury of acquiring a turn-key asset with immediate cash flow, while also having room for rent growth as turnover provides the ability to mark to market.

Chandler AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Residential Income for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Tempe AZ Residential Income for Sale

Phoenix AZ Home for Sale

Mesa AZ Residential Income for Sale

Phoenix AZ Residential Income for Sale

Phoenix AZ Home for Sale

Phoenix AZ Residential Income for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Home for Sale

Phoenix AZ Residential Income for Sale

Chandler AZ Residential Income for Sale

Mesa AZ Home for Sale

Mesa AZ Home for Sale

Phoenix AZ Residential Income for Sale

Phoenix AZ Home for Sale

Phoenix AZ Residential Income for Sale

Phoenix AZ Residential Income for Sale

Phoenix AZ Residential Income for Sale

Advantageously placed just north of the 7th Street and Camelback Road intersection and immediately across the street from MadisonTraditional Academy, Claremont IV (''the property'') is a 4-unit apartment community primely located in the heart of the historicneighborhoods of North Central Phoenix (Uptown).Built in 1958 and renovated in 2023, Claremont IV is comprised of one-bedroom and two-bedroom floorplans covering an average of 763 square feet - each equipped with Individual washer/dryer. The entire community exterior and all main electrical panels have been upgraded. In addition, each unit's interior has been completelyrenovated with new appliances, countertops, cabinets, flooring, fixtures and hardware.

Phoenix AZ Residential Income for Sale

Nestled amidst the opulent estates of Phoenix's Arcadia and Biltmore districts, you'll find The Luxe on 40th, an exclusive assemblage of 8 contemporary townhomes. Fully completed in 2023, The Luxe on 40th caters to the discerning professional's desire for a vibrant, yet secluded, living environment. It not only provides access to some of the Valley's most favored restaurants and retailers but also offers the coveted privacy and luxury sought after by the modern, high-end residential dweller the area is home to. Truly establishing a new standard for luxury living, these one-of-a-kind townhomes are complete with best-in class finishes, sky-view ceiling windows, and the unique installation of private in suite elevators traveling to all three floors.

Phoenix AZ Residential Income for Sale

Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Rose Lane (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Rose Lane sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined 117,000 employees and 3,300 employers. Built in 1960, Rose Lane offers an appealing unit mix all two-bedroom floor plans with an average unit size of 850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of $250 per month.

Phoenix AZ Residential Income for Sale

Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Claremont (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Claremont sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined 117,000 employees and 3,300 employers. Built in 1958, Claremont offers an appealing unit mix all two-bedroom floor plans with an average unit size of 850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of $250 per month.

Phoenix AZ Home for Sale

Advantageously situated directly north of Midtown's Melrose Arts District , Palm Square (''the property'') is an 18-unit community primely located in Central Phoenix. With the convenience and proximity of the Interstate 17 Freeway and State Route 51, two of The Valley's major transportation arteries, residents are provided direct access to nearly any destination across The Valley within a desirable commute time. A number of the most prominent employment andentertainment corridors in the state are just a short drive away. The Innovation Employment Corridor, which runs down Central Avenue, provides employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. In addition, Palm Square is just two miles from Grand Canyon University, the largest Christian university in the nation, with an on-campus enrollment of 25,000 students and online enrollment of 90,000 students.Built in 1958 Palm Square is comprised of 6 studio, 10 one-bedroom, and 2 two-bedroom floorplans. The entire community's exterior has been renovated with new paint, landscaping, and electrical. In addition, 15 of the 18 unit's interiors have been renovated with new appliances, countertops, cabinets, flooring, fixtures, hardware, and individual washer/dryer.

Phoenix AZ Home for Sale

Advantageously placed just north of the 7th Street and Bethany Home Roadintersection and immediately across the street from Madison Traditional Academy,Uptown XI (''the property'') is an 11-unit apartment community primely located inthe heart of the historic neighborhoods of North Central Phoenix (Uptown). Itsnearby proximity to one of The Valley's major transportation arteries, State Route51, affords residents direct access to simple passage to nearly any destinationacross The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers.Built in 1960 and 1962, Uptown XI is comprised of one, two, and three-bedroom floorplans covering an average of 911 square feet with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units at each location primed for an elevated upgrade packageresulting in an expected premium of $200 per month already proven in theimmediate submarket.

Phoenix AZ Home for Sale

Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, Rose Lane is primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers.Built in 1960, Rose Lane is comprised of 4 units with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units primed for an elevated upgrade package resulting in an expected premium of $200 per month already proven in the immediate submarket.

Phoenix AZ Residential Income for Sale

Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, 901 E Claremont St is an apartment community primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers. Built in 1962, 901 E Claremont St is comprised of studio, two, and three-bedroom floorplans covering an average of 1,053 square feet with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units at each location primed for an elevated upgrade package resulting in an expected premium of $200 per month already proven in the immediate submarket.

Phoenix AZ Residential Income for Sale

Advantageously placed just north of the 7th Street and Bethany Home Road intersection and immediately across the street from Madison Traditional Academy, Rose Lane is primely located in the heart of the historic neighborhoods of North Central Phoenix (Uptown). Its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access to simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers.Built in 1960, Rose Lane is comprised of 4 units with the entire community's exterior upgraded. Future ownership will have the enticing opportunity to capitalize on 100% of the units primed for an elevated upgrade package resulting in an expected premium of $200 per month already proven in the immediate submarket.

Phoenix AZ Home for Sale

INDIVIDUALLY-PARCELED. FUTURE OPPORTUNITY TO SELL INDIVIDUALLY. C OF O ANTICIPATED APRIL 2024.Advantageously situated in Prime Central Phoenix, Madison at Encanto (''the property'') is a brand new 18-unit Townhome community located in the Encanto neighborhood, Northeast of the 19th Avenue and Thomas Road intersection and immediately north of the Encanto Golf Course. Its nearby proximity to Interstate 17, Interstate 10, andState Route 51, three major transportation arteries, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Park Central is also in close proximity , home to healthcare innovators such as Dignity Health, St. Joseph's Medical Center, Barrow Neurological Institute as well as Creighton University. Additionally, just under 4 miles northwest, is Grand Canyon University with an on-campus enrollment of 25,000 students. With completion slated for December 2023, Madison at Encanto is entirely comprised of three-bedroom floorplans covering 1,310 square feet - each complete with privatized back yards and personal garages. In addition, each unit's interior will come equipped with premium appliances and finishes including: stainless steel appliances, quartz countertops, cabinets, flooring, fixtures and hardware.

Phoenix AZ Home for Sale

Located just south of the 21st Avenue and Northern Avenueintersection, Morten Avenue (''the property'') has the extremeadvantage of Grand Canyon University being less than four milesaway. The property is also primely positioned for immediate accessto some of The Valley's major transportation arteries. The Interstate17 (I-17) ,as well as access to the Valley Metro Light Rail are bothless than half a mile away, providing effortless transportation andreasonable commute times to destinations all across the Phoenixmetro. Ample employment opportunities are found through thenearby I-17 Employment Corridor, boasting more than 43,000employees across 1,200 businesses. Additionally, the property sits between Chirstown Spectrum Mall - an iconic Phoenix retail center featuring Harkins Theaters, Walmart, and Target - and Metrocenter Mall, which is currently undergoing a $1 Billion redevelopment.Developed in 1982, Morten Avenue is a 9-unit multifamily community with a diverse unit mix featuring studio (22%), one-bedroom (33%), and two-bedroom (45%) floorplans averaging 556 square feet. Future ownership will have the opportunity to capitalize on below market rents already proven in the immediate area.

Phoenix AZ Home for Sale

Advantageously positioned in an ideal centralized location, 26th Place (''the property'') is a 10-unit apartment community located along 26th Place north of McDowell Road in the highly coveted Arcadia Lite submarket of Central Phoenix. Less than a mile from the intersection of three significant Phoenix Metro thoroughfares, Loop 202, Interstate 10, and AZ-51, 26th Place is incredibly positioned, offering outstanding mobility throughout Phoenix Metro. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers.Developed in 1960, 26th Place is comprised of a diverse unit mix with studios (1), one-bedroom (3), two-bedroom (1), three-bedroom casitas (4), and four-bedroom (1) floor plans, offering an average of 814 square feet. Most of the units include private back patios and five units include individual washer/dryer hook ups, either in-suite or on patio. Future ownership will have the opportunity to renovate the remaining 3 classic units and equip 5 units with washer/dryer to capitalize on interior renovation premiums already proven at the property and surrounding area.

Phoenix AZ Home for Sale

Ideally situated in a prime Central Phoenix location, Crystal Terrace (''the property'') is a 16-unit Townhome community. Located on 22nd Avenue just north of Camelback Road, the property is immediately east of ''The Largest Christian University in the World,'' Grand Canyon University (''GCU''), boasting an on-campus enrollment of 25,000 students and 6,970 employees. Its nearby proximity to Interstate 17 and the Valley Metro Light Rail, residents are afforded direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. The Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Park Central is also in close proximity, home to healthcare innovators such as Dignity Health, St. Joseph's Medical Center, Barrow Neurological Institute as well as Creighton University.Developed in 2004, Crystal Terrace is comprised entirely of largethree-bedroom, two-bath floorplans, each offering 1,091 squarefeet - including in-suite laundry as well as private backyards. All unit interiors have been renovated, each coming equipped with premium appliances and finishes including: stainless steel appliances, new countertops, cabinets, flooring, fixtures and hardware. In addition, the entire community's exterior has been updated with new landscaping and exterior paint.

Phoenix AZ Residential Income for Sale

Monroe 4 (''the property'') is a 4-unit apartment community located near the 24th Street and Van Buren Street intersection, positioned less than a mile from the intersection of three significant Phoenix Metro thoroughfares, Loop 202, Interstate 10, and AZ-51, offering outstanding mobility throughout Phoenix Metro. Located 2.3 Miles from Downtown Phoenix and 4 Miles from the Biltmore financial district, residents have access to some of Arizona's most dynamic professional corridors featuring employers such as Accenture, Ernst Young, Arizona State University, Cisco, Merrill Lynch, Charles Schwab, Humana, Fennemore Craig, and UBS. Developed in 1962, Monroe 4 is comprised entirely of two-bedroom floor plans, each offering an average of 621 square feet. Future ownership will have the opportunity to capitalize on the current below-market rents by raising new-lease rates to match those achieved by similar properties nearby. Additionally, there is also the opportunity to upgrade each of the 4 units with various interior finishes in order to realize the associated renovation premiums.

Phoenix AZ Home for Sale

Separate Parcels Available as Portfolio or Individual Asset BasisIdeally situated in the vibrant heart of Central Phoenix, 36th Place (''the property') benefits from a centralized location amidst the dynamic live, work, and play lifestyle of the area. Conveniently positioned just off the 36th Street and Campbell Avenue intersection, the property boasts a remarkably brief commute to major employment hubs and ease of access to primary thoroughfares to reach any destinations across The Valley. In addition, 36th Place is surrounded by an array of distinctive high-end retail and dining establishments synonymous with the Biltmore and Arcadia neighborhoods. The 44th Street Gateway Corridor and Phoenix Sky Harbor International Airport Area are both within a short drive, along with the Innovation Corridor along Central Avenue and the influential Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed. Together, the Innovation and Biltmore Corridors showcase over 217,000 employees and 2,900 employers.Originally developed in 1961, the property's unit mix featuresa desirable blend of spacious one-bedroom (50%) and two- bedroom (50%) floorplans covering an average of 862 square feet. The entire community's exterior has been updated with new paint and landscaping. In addition, each unit's interior has been completely renovated with new stainless steel appliances, updated countertops, cabinets, flooring, fixturesand hardware.

Phoenix AZ Home for Sale

**Seller Financing AvailableSeparate Parcels Available as Individual Asset Basis or Portfolio with 4348 N 36th Pl - Listing ID: 6733500**Ideally situated in the vibrant heart of Central Phoenix, 36th Place (''the property') benefits from a centralized location amidst the dynamic live, work, and play lifestyle of the area. Conveniently positioned just off the 36th Street and Campbell Avenue intersection, the property boasts a remarkably brief commute to major employment hubs and ease of access to primary thoroughfares to reach any destinations across The Valley. In addition, 36th Place is surrounded by an array of distinctive high-end retail and dining establishments synonymous with the Biltmore and Arcadia neighborhoods. The 44th Street Gateway Corridor and Phoenix Sky Harbor International Airport Area are both within a short drive, along with the Innovation Corridor along Central Avenue and the influential Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed. Together, the Innovation and Biltmore Corridors showcase over 217,000 employees and 2,900 employers.Originally developed in 1961, the property's unit mix featuresa desirable blend of spacious one-bedroom (50%) and two- bedroom (50%) floorplans covering an average of 862 square feet. The entire community's exterior has been updated with new paint and landscaping. In addition, each unit's interior has been completely renovated with new stainless steel appliances, updated countertops, cabinets, flooring, fixturesand hardware.

Phoenix AZ Home for Sale

**Seller Financing AvailableSeparate Parcels Available as Individual Asset Basis or Portfolio with 4351 N 36th Pl - Listing ID: 6733515**Ideally situated in the vibrant heart of Central Phoenix, 36th Place (''the property') benefits from a centralized location amidst the dynamic live, work, and play lifestyle of the area. Conveniently positioned just off the 36th Street and Campbell Avenue intersection, the property boasts a remarkably brief commute to major employment hubs and ease of access to primary thoroughfares to reach any destinations across The Valley. In addition, 36th Place is surrounded by an array of distinctive high-end retail and dining establishments synonymous with the Biltmore and Arcadia neighborhoods. The 44th Street Gateway Corridor and Phoenix Sky Harbor International Airport Area are both within a short drive, along with the Innovation Corridor along Central Avenue and the influential Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed. Together, the Innovation and Biltmore Corridors showcase over 217,000 employees and 2,900 employers.Originally developed in 1961, the property's unit mix featuresa desirable blend of spacious one-bedroom (50%) and two- bedroom (50%) floorplans covering an average of 862 square feet. The entire community's exterior has been updated with new paint and landscaping. In addition, each unit's interior has been completely renovated with new stainless steel appliances, updated countertops, cabinets, flooring, fixturesand hardware.

Phoenix AZ Home for Sale

Phoenix AZ Residential Income for Sale

Advantageously positioned in an ideal centralized location, Earll at Arcadia (''the property'') is a 10-unit apartment community primely located to the North of the 32nd Street and Thomas Road intersection, in the heart of the Arcadia Lite Submarket. Its proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers. Completed in 1968, Earll at Arcadia is dominated by two-bedroom floorplans covering an average of 772 square feet - each equipped with an Individual washer and dryer. The entire community's exterior has been updated with new paint and landscaping, along with privatized patios added to each 1st floor unit. In addition, each unit's interior has been completely renovated with new stainless steel appliances, granite countertops, cabinets, flooring, fixtures and hardware.

Phoenix AZ Land Lot for Sale

6791551 (2905 E Grovers Ave): $460,000 6791549 (2700 E Greenway Pkwy): $540,000 Marcus & Millichap is pleased to present Greenway & Grovers (combined 30-unit apartment homes), two prime multifamily development opportunities in the established North Phoenix submarket. Both sites have been entitled and are currently in the building review phase with the city of Phoenix. Greenway (16-units) offers a combination of two- and three-bedroom floorplans averaging 1,332 square feet, and Grovers (14-units) offers a combination of two- and three-bedroom floorplans averaging 1,347 square feet, on low density site plans. The scarcity of developable land in this submarket creates high barriers to entry, underscoring the exclusivity of the North Phoenix location and promoting long-term rent growth prospects. With an average single-family home price of 525,000 within a three-mile radius the rent-vs-own affordability gap supports sustained renter demand that is anticipated to continue. Strong area demographics further enhance the investment potential, boasting an average household income of $92,445 and a median household income of $69,395, with 65% of residents occupying white-collar professions. Additionally, the highly anticipated Taiwan Semiconductor Manufacturing Company (TSMC) marks the largest direct foreign investment in Arizona's history, which is expected to create thousands of high-quality jobs and drive economic growth. Additionally, a robust healthcare presence supported by numerous medical centers and hospitals in the vicinity promote a durable employment base.

Phoenix AZ Land Lot for Sale

6791549 (2700 E Greenway Pkwy): $540,000 6791551 (2905 E Grovers Ave): $460,000 Marcus & Millichap is pleased to present Greenway & Grovers (combined 30-unit apartment homes), two prime multifamily development opportunities in the established North Phoenix submarket. Both sites have been entitled and are currently in the building review phase with the city of Phoenix. Greenway (16-units) offers a combination of two- and three-bedroom floorplans averaging 1,332 square feet, and Grovers (14-units) offers a combination of two- and three-bedroom floorplans averaging 1,347 square feet, on low density site plans. The scarcity of developable land in this submarket creates high barriers to entry, underscoring the exclusivity of the North Phoenix location and promoting long-term rent growth prospects. With an average single-family home price of 525,000 within a three-mile radius the rent-vs-own affordability gap supports sustained renter demand that is anticipated to continue. Strong area demographics further enhance the investment potential, boasting an average household income of $92,445 and a median household income of $69,395, with 65% of residents occupying white-collar professions. Additionally, the highly anticipated Taiwan Semiconductor Manufacturing Company (TSMC) marks the largest direct foreign investment in Arizona's history, which is expected to create thousands of high-quality jobs and drive economic growth. Additionally, a robust healthcare presence supported by numerous medical centers and hospitals in the vicinity promote a durable employment base.

Phoenix AZ Residential Income for Sale

Ideally positioned in a coveted centralized location, 1934 Fairmount (''the property'') is an 8-unit apartment community primely located immediately Southwest of the Indian School Road and 20th Street intersection, in the heart of the Biltmore Submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Val-ley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Located less than a mile of 1934 Fairmount sits Biltmore's Shops at Town & Country and Camelback Colonnade, offering residents convenient access to 1.51M square feet of retail showcasing retailers such as Whole Foods, Trader Joe's, Best Buy and Nordstrom Rack. The Camelback Employment Corridor, where names such as Cisco , Charles Schwab, Accenture, and Humana are stationed is home to 46,000 employees and 1,200 employers. also offers numerous dining and entertainment amenities. Additionally, Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Together, the Camelback and Innovation Corridors showcase over 117,000 employees and 3,300 employers.Built in 1971 and renovated in 2021, 1934 Fairmount is comprised of 100% one-bedroom floorplans covering an average of 558 square feet. The interiors for all 8 units have been renovated and the entire exterior community space has been updated with new paint and landscaping. Future ownership will have the opportunity to add in-suite washer/dryer units and front patios.

Phoenix AZ Residential Income for Sale

Advantageously positioned just north of the Central Avenue and Camelback Road intersection, hidden within one of Central Phoenix's affluent residential areas is a 13-unit apartment community, Medlock Place (''the property''). Conveniently located in the heart of the historic uptown submarket, its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Positioned minutes from a long-standing landmark of Phoenix, Uptown Plaza blends mid-century modern charm with the high-rises that line both sides of Central Avenue. Anchoring the gateway to North Central Phoenix's historic core, Medlock Place presents outstanding walkable access to a mix of the best local and national retailers and restaurants including The Henry, Chula Seafood, Shake Shack, AJ's, and West Elm. Recognized by its sprawling residential estates and scarcity of developable land, Uptown Phoenix offers a highly coveted neighborhood atmosphere, boasting an average single family home sale price of 1,189,390 (last 90 days). In addition, Medlock Place benefits from long-term profitability of location due to Uptown Phoenix's high barriers to submarket entry.Built in 1959 and fully renovated in 2020, Medlock Place is comprised of 10 two-bedroom floorplans (77%), 2 studio floorplans (15%), and 1 one-bedroom floorplan (8%) floorplans covering an average of 773 square feet. All 13 units have been renovated with interior upgrades including new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryers.

Glendale AZ Residential Income for Sale

Positioned just north of the Glendale Avenue and 57th Avenue intersection in the charming Caitlin Court historic district sits Myrtle Court (''the property''), a fully renovated 15-unit multifamily community. The asset's proximity and direct exposure to Glendale Avenue provides excellent visibility from one of the primary roadways in Phoenix's West Valley Submarket. Positioned approximately 3-miles from Glendale's Westgate Entertainment District and the Cardinal's Statefarm Stadium offering residents access to premier entertainment and dining experiences, including NFL Football Games, concerts, and much more. In addition, the TSMC Campus, representing Arizona's largest foreign direct investment in the state's history, has been a primary catalyst to the West Valley's boom. TSMC's Campus is expected to total $40B in capital investment, add 24,000 new jobs and 40 new companies relating to the Advanced Manufacturing sector coming to the surrounding area as a direct result of this monumental project. The West Valley is also home to some of The Valley's top major employment corridors, including, Loop 101 West Corridor, South Peoria Corridor, and SW Valley Industrial Corridor, boasting a combined 148,000 employees and 3,900 businesses. Completed in 1965 and renovated in 2024, Myrtle Court is comprised of 14 two-bedroom units (93%) and 1 three-bedroom house (7%), offering an average of 672 square feet. All unit interiors have been Completely renovated with new stainless-steel appliances, cabinets, flooring, quartz countertops, hardware and fixtures. In addition, the entire community has been renovated inclusive of smooth stucco, paint, landscaping, community laundry room, windows, electrical, roofs and mini-split HVAC systems.

Phoenix AZ Residential Income for Sale

Ideally situated in a prime Central Phoenix location, Camelback Court (''the property'') is a 16-unit multifamily community. Located on 21st Avenue just north of Camelback Road, the property is immediately east of ''The Largest Christian University in the World,'' Grand Canyon University (''GCU''), boasting an on-campus enrollment of 25,000 students and 6,970 employees. Its nearby proximity to Interstate 17 and the Valley Metro Light Rail, residents are afforded direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. The Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Park Central is also in close proximity, home to healthcare innovators such as Dignity Health, St. Joseph's Medical Center, Barrow Neurological Institute as well as Creighton University. Completed in 1965 and renovated in 2023, Camelback Court is comprised of 15 two-bedroom units (93%) and 1 one-bedroom unit (7%), offering an average of 794 square feet. All unit interiors have been renovated with new stainless-steel appliances, cabinets, flooring, quartz countertops, washer/dryers, hardware and fixtures, and each unit has large. In addition, all units have their own large private back patios. The entire exterior of the property has been updated including all new HVACs, roofs, windows, and also new paint and landscaping in the common area community space.

Phoenix AZ Residential Income for Sale

Sunnyside Cottages is a 6-unit apartment community located southwest of the Cave Creek Road and Thunderbird Road intersection with outstanding views of North Mountain Park. With a centralized Phoenix location and placed less than two miles from State Route 51 (SR 51), convenient access is found to a plethora of employment, lifestyle, recreational attractions and a reasonable commute to destinations valley-wide. Led by a strong employment landscape, over 169,100 employees and 4,700 businesses are easily accessible throughout the Deer Valley/I-17 Employment Corridors and Kierland Corridor/ Scottsdale Airpark, headlined by tenants such as Vanguard, USAA, American Express, and Blue Cross Blue Shield. Additional desired destinations of Desert Ridge Marketplace, High Street, and the Paradise Valley Mall transformation provide renters a more diverse and robust lifestyle. Completed in 1949 and renovated in 2022, Sunnyside Cottages is comprised entirely of two-bedroom, one-bath floorplans, each offering 600 square feet. The community has undergone extensive exterior renovations including new A/C units, plumbing, electrical, and landscaping presenting a refreshed look that aligns with the neighborhood's aesthetic. In addition, the property offers on-site laundry for resident's convenience. Future ownership will have the opportunity to capitalize the current below market rents by increasing lease rates to a level achieved by similar properties in the surrounding area.

Phoenix AZ Residential Income for Sale

Conveniently located less than a mile south of Interstate 10 and minutes from Downtown Phoenix sits Melvin Street (''the Property''), a 40-unit apartment community comprised of individually-parceled contiguous buildings. Its nearby proximity to Interstate 17, Interstate 10, and Loop 202 (South Mountain Freeway), three major transportation arteries, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Downtown Phoenix (100,000 employees | 700 businesses) and the Innovation Employment Corridor (71,000 employees | 1,100 businesses), present employment opportunities from some of the most prolific companies in Arizona such as United Healthcare Bank of America, Freeport-McMoran, Banner Health, and IBM. Additionally, Arizona State University - Downtown Campus and Grand Canyon University are less than 5 miles from the property, with an on-campus enrollment of 11,700 and 25,000 students, respectively. Completed in 1984, Melvin Street is comprised of 100% two-bedroom floorplans, offering an average of 750 square feet. Current ownership has invested over $700,000 of capital improvements inclusive of complete exterior renovations with new paint/stucco, landscaping, repaved parking lot, dual pane windows, new roof-mounted HVAC systems (all units) and 21 units equipped with in-suite laundry. In addition, the interiors of 20 units have been fully renovated with new appliances, countertops, cabinets, flooring, interior paint, and upgraded fixtures. Future ownership will have the opportunity to exit on an individual fourplex basis as the property consists of individually-parceled contiguous buildings.

Phoenix AZ Residential Income for Sale

Advantageously placed just west of State Route 51, Tierra Buena (''the property'') is a 4-unit apartment community located just east of the Cave Creek Road and Greenway Parkway intersection, deep inside the expanding Northeast Phoenix submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Included in those nearby destinations are some of the largest employment corridors in Arizona. The I-17 / Deer Valley and Scottsdale Airpark employment corridors are reachable within a 10-minute drive, and the Biltmore employment district is less than 15 minutes away. In addition to powerful job opportunities, the surrounding landscape is also flush with countless dining, shopping, and entertainment options. Desert Ridge, Scottsdale Quarter, and the Biltmore Area, each hold highly sought after nighttime experiences, including restaurants, bars, and retail stores. Built in 1987, Tierra Buena is entirely comprised of two-bedroom, two-bathroom floorplans covering 900 square feet. Future ownership will have the opportunity to upgrade the interiors of the 2 remaining classic units and capitalize on the associated rental premium already proven out at the property.

Phoenix AZ Residential Income for Sale

Hubbell (''the property'') is advantageously positioned to reach the significant submarkets of Arcadia, Tempe, and Scottsdale, all within a manageable commute time. With State Route 143 located less than a mile south of the property, residents have direct access to major thoroughfares providing the ability to reach The Valley's employment corridors and lifestyle amenities with ease. The Camelback Employment Corridor, at Camelback Road & 44th Street, along with the Novus Innovation Corridor and Lake District of Tempe, are home to a large amount of the most influential and innovative corporations in the metro area. In addition, the property is minutes from the ever-popular and ultra-affluent neighborhoods found throughout Arcadia and Old Town Scottsdale, and less than 10 minutes from one of the largest colleges in the nation, Arizona State University. Hubbell is a three-unit community comprised of two-bedroom floorplans each covering 675 square feet. Each of the units interior, the entire building's exterior, and large private backyards have been renovated making this property a cash-flowing turnkey asset. Future ownership will have the opportunity to acquire this asset with room to achieve higher rents than in place based on rents by comparable properties in the submarket.

Phoenix AZ Residential Income for Sale

Ideally positioned in a coveted centralized location, 1934 Fairmount (''the property'') is an 8-unit apartment community primely located immediately Southwest of the Indian School Road and 20th Street intersection, in the heart of the Biltmore Submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. . Located less than a mile of 1934 Fairmount sits Biltmore's Shops at Town & Country and Camelback Colonnade, offering residents convenient access to 1.51M square feet of retail showcasing retailers such as Whole Foods, Trader Joe's, Best Buy and Nordstrom Rack. The Camelback Employment Corridor, where names such as Cisco , Charles Schwab, Accenture, and Humana are stationed is home to 46,000 employees and 1,200 employers. also offers numerous dining and entertainment amenities. Additionally, Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Together, the Camelback and Innovation Corridors showcase over 117,000 employees and 3,300 employers.Built in 1971 and renovated in 2021, 1934 Fairmount is comprised of 100% one-bedroom floorplans covering an average of 558 square feet. The interiors for all 8 units have been renovated and the entire exterior community space has been updated with new paint and landscaping. Future ownership will have the opportunity to add in-suite washer/dryer units and front patios.

Phoenix AZ Residential Income for Sale

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Macallister, a 24-unit apartment community, just north of the Glendale Avenue and 19th Avenue intersection, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across 1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.Developed in 2018, Macallister is comprised of 12 studios (50%), 8 one-bedroom (33%), and 4 two-bedroom (17%) floorplans, offering an average of 700 square feet. All units feature attractive amenities including 9-foot ceilings, balconies/patios (select units), in-suite washer/dryers, stainless steel appliances, and granite countertops.

Phoenix AZ Residential Income for Sale

Advantageously positioned just north of the Central Avenue and Camelback Road intersection, hidden within one of Central Phoenix's affluent residential areas is a 13-unit apartment community, Medlock Place (''the property''). Conveniently located in the heart of the historic uptown submarket, its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Positioned minutes from a long-standing landmark of Phoenix, Uptown Plaza blends mid-century modern charm with the high-rises that line both sides of Central Avenue. Anchoring the gateway to North Central Phoenix's historic core, Medlock Place presents outstanding walkable access to a mix of the best local and national retailers and restaurants including The Henry, Chula Seafood, Shake Shack, AJ's, and West Elm. Recognized by its sprawling residential estates and scarcity of developable land, Uptown Phoenix offers a highly coveted neighborhood atmosphere, boasting an average single family home sale price of 1,189,390 (last 90 days). In addition, Medlock Place benefits from long-term profitability of location due to Uptown Phoenix's high barriers to submarket entry. Built in 1959 and fully renovated in 2020, Medlock Place is comprised of 10 two-bedroom floorplans (77%), 2 studio floorplans (15%), and 1 one-bedroom floorplan (8%) floorplans covering an average of 773 square feet. All 13 units have been renovated with interior upgrades including new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryers.

Phoenix AZ Residential Income for Sale

Advantageously placed just East of 7th Avenue and Maryland Avenue intersection and hidden within one of Central Phoenix's affluent residential areas is Malibu on Maryland (''the property''). This Fourplex primely located in the heart of the iconic Uptown submarket within North Central Phoenix and offers proximity to two of Phoenix Metro's major transportation arteries, State Route 51and Interstate 17, providing residents direct access to nearly any destination across The Valley. Some of those nearby destinations include the most prominent employment and entertainment corridors in the state. Primely positioned near the Innovation Employment Corridor, which runs down Central Avenue, presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the Innovation and Biltmore Corridors showcase over 117,000 employees and 3,300 employers. Built in 1954 and fully renovated in 2021, Malibu on Maryland is comprised of (2) one-bedroom one-bathroom and (2) two-bedroom one-bathroom floorplans covering an average of 794 square feet. All units have been renovated with interior upgrades including new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryers.