MZ TOWNHOMES @ DOWNTOWN SCOTTSDALE
7301 East Minnezona Avenue, Scottsdale, Arizona 85251
MZ TOWNHOMES @ DOWNTOWN SCOTTSDALE | SCOTTSDALE MULTIFAMILY FOR SALE
Number of Units 8
Building Size 9,462 SF
Property Type Multifamily
Property Sub-type Garden/Low-Rise
Property Use Type Investment
Cap Rate 4.81%
Gross Rent Multiplier 16.71
Year Built 2014
Lot Size 0.35 Acres / 15,319 SF
APN 173-38-409 thru 173-38-416, 173-38-417-A
Parking Spots 17 (Attached Garages)
Neighborhoods Downtown Scottsdale, Old-Town Scottsdale, Scottsdale Entertainment District, Historic Scottsdale
Listing Status ACTIVE
URBAN TOWNHOME LIVING IN DOWNTOWN SCOTTSDALE
MZ is the first Net Zero Energy-certified multifamily project in Arizona and one of the first in the United States. It features eight attached residences in the heart of Downtown Scottsdale. Located just steps away from top upscale restaurants, art galleries, nightclubs, spas, and shopping districts, MZ is an architectural treasure revolutionizing the real estate market in Scottsdale.
These modern and luxurious residences combine energy efficiency, innovative materials, renewable resources, and green technology to set the new standard for smart living. MZ boasts automation that allow residents to control their home and energy usage from their mobile device, plus energy-saving features like photovoltaic (PV) solar panels, which are designed to provide all energy needed to power the homes.
DOWNTOWN SCOTTSDALE LOCATION NEAR FASHION SQUARE, OLD TOWN & SCOTTSDALE’S ENTERTAINMENT DISTRICT
Built in 2014, these gorgeous three-story urban homes contain eight high quality units with modern architecture, contemporary design, tile floors, built-in kitchen appliances, ten foot ceilings, large bedrooms and double balconies. The unit mix includes seven (7) two-bedroom / 2.5 bath units of approximately 1,228 square feet with attached 2-car garages and one (1) one-bedroom / 1.5 bath unit of approximately 866 square feet with attached 1-car garage. MZ provides the ideal mix of relaxation and an instant connectivity to the urban core.
MZ enjoys a downtown Scottsdale location near Scottsdale Fashion Square Mall, Scottsdale Entertainment District, Old Town, within close proximity to cultural venues, restaurants, art galleries and city parks. The property is situated east of Scottsdale Road, west of Hayden Road, north of Camelback Road, along Minnezona Avenue, approximately 2.5 miles from the Arizona State Route 101 (Loop 101, Price Freeway), which connects to Loop 202 (Red Mountain Freeway), State Route 51 (Piestewa Freeway), Interstate 10 (Papago Freeway), Interstate 17 (Black Canyon Freeway), and Loop 303 (Bob Stump Memorial Parkway), providing easy access to Downtown Phoenix, Sky Harbor International Airport, Tempe, Chandler, Gilbert, the southeast and southwest Valleys.
- Located In Downtown Scottsdale
- Proximity to Cultural Venues, Restaurants, Art Galleries, City Parks, Employment Drivers and Loop 101 (Price Freeway)
- High Demand Rental Market with Strong Fundamentals
- RED Award Finalist
- ASID – Model Space – 1st Place
- ASID – Green Design – 1st Place
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About Vestis Group
Vestis Group is a leading Multifamily Investment sales and Advisory Services firm with a proven track-record of providing value added brokerage services coupled with innovative and ongoing real estate investment strategies.
We specialize in Phoenix Apartments For Sale.
Our mission is to ensure that owners and investors receive the most efficient research, marketing, real estate consultation and transaction services available. We pride ourselves on our ability to deliver added value to our clients by building uncompromising and long-lasting relationships with our partners.
Vestis Group serves multifamily owners and investors with a full suite of commercial real estate services, including Buyer Representation, Tenant Representation, Project Marketing & Sales, Asset Management, Project & Development Services, Research and Consulting.
For more information, please visit: www.Vestis-Group.com.