Phoenician Town House | Bulk Condos | Phoenix Multifamily | Vestis Group

Phoenix Multifamily For Sale | Phoenician Town House | Bulk Condos Phoenix AZ

Phoenix Multifamily For Sale | Phoenician Town House | Bulk Condos Phoenix AZ

Multifamily For Sale in Phoenix Arizona – 5-Units (Bulk Condos)

 

Phoenician Town House, 5-units (Multifamily)

1633 West Missouri Avenue, Phoenix, AZ 85015

$95,000

4,600 SF Bldg

5 Units

9.86% Cap Rate

Garden/Low-Rise

SOLD: COE 1/31/13

 

 

AREA DESCRIPTION

Phoenician Town House aka Phoenician Condominiums is situated along West Missouri Avenue, just East of 19th Avenue, a major north-south thoroughfare running through the Phoenix, Arizona. Numerous re-development projects (commercial, multi-family and single-family) are situated in the immediate vicinity of the subject property. Phoenician Town House is also convenient to public transportation, with light rail service along 19th Avenue and bus service provided along 19th Avenue, 15th Avenue and Bethany Home Road.

Phoenician Town House enjoys an excellent North Central Phoenix location. The property is located in a quiet residential neighborhood less than one half mile south of the Bethany Home Road and just East of 19th Avenue. Phoenician Town House is within close proximity to Interstate 17 and Light Rail Station at the Phoenix Spectrum Mall. The I-17 Freeway allows for a convenient commute to Downtown Phoenix, North Scottsdale at the Loop 101, Tempe off the I-10 Freeway and Sky Harbor International Airport. Phoenician Town House has several schools in the area including Grand Canyon University. Major employers in the area include VA Hospital, Blue Cross/Blue Shield and Phoenix Baptist Hospital. Neighborhood retail includes Phoenix Spectrum Mall, Wal-Mart, Walgreens, Albertson’s, Fry’s and Trader Joes.

 

PROPERTY DESCRIPTION

5 units available for sale as a package (bulk condos), inside Phoenician Town House, a 44 unit, garden-style condominium community located in north central Phoenix. Built in 1972, Phoenician Town House has a flat roof and concrete-block construction, two-level buildings with townhome style units. The unit mix is comprised of 5 two-bedroom / one-and-one-half-bath townhouse-style units of approximately 920 square feet. All the units have private backyards/patios, extra storage, spacious kitchens and large closets. Common area amenities include a swimming pool, onsite laundry facilities, covered parking and a courtyard that all condos front doors open to.

DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS OR ONSITE STAFF. PROPERTY TOURS WILL BE SCHEDULED UPON RECEIPT OF LETTER OF INTENT AND PROOF OF FUNDS – PLEASE ALLOW 48-HOURS NOTICE. PLEASE CONTACT LISTING BROKER FOR ADDITIONAL INFORMATION. THANK YOU.

 

REQUEST OFFERING MEMORANDUM

 

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply