Fairmount 31, aka Fairmount Villas Apartments, is a two-story, 24-unit, garden-style, multifamily community located in the trendy Arcadia neighborhood in east Phoenix, near numerous Valley hotspots, including: The Vig Arcadia, La Grande Orange Grocery, Postino WineCafe, Beckett’s Table, Crudo, Nook, Chelsea’s Kitchen and North Italia. This property has great access to the Valley freeway system, the Biltmore and downtown. The property is located in a quiet residential neighborhood just south of Indian School Road and west of 32nd Street, along Fairmount Avenue, allowing easy access to the Biltmore area, the Camelback Corridor, the Valley freeway system and numerous employers.
Built in 1963, Fairmount Villa rests on approximately 1.17 maturely landscaped acres and is comprised of 6 fourplexes on 6 separate parcels. The property was built of block construction with pitched roofing. The property boasts an attractive unit mix of 2 – 1 bedroom, 20 – 2 bedroom and 2 – 3 bedroom unit types, with a weighted average size of 898 square feet.
Renovate the Arcadia neighborhood Phoenix community with high-end contemporary finishes inside and out.
VESTIS GROUP | PHOENIX ARIZONA MULTIFAMILY REAL ESTATE INVESTMENTS
Vestis Group | Vestis Capital LLC is a real estate firm focused on Multi Family Residential Investment. We invest our clients’ capital together with our own to take advantage of opportunities with attractive risk-return attributes and an expectation of above-market returns. These goals are achieved through stringent underwriting practices and proactive property and asset management.
Through our extensive knowledge of the Phoenix multi-family residential real estate market, we can identify early trends, which provide insight into our pursuit of investment opportunities. Vestis Group’s principals have a thorough knowledge of the housing industry.
We have developed, built, rehabilitated, constructed, improved, managed and sold thousands of apartments, condos, homes, and home sites. Vestis Group principals and affiliates also have extensive experience constructing, improving, renovating, owning and operating residential and commercial properties. Our expertise in management, finance and construction is the backbone supporting every investment opportunity we identify.
For more information, please contact Vestis Group at 602-281-6202 or Email Us.