Loft 6 Townhomes, 6-Units | Scottsdale Multifamily For Sale

Multifamily For Sale in Phoenix Arizona – 6-Units (Apartments)

Loft 6 Townhomes, 6-units (Multifamily)

6945 East 2nd Street, Scottsdale, AZ 85251

$1,150,000

5,610 SF Bldg

6 Units

Garden/Low-Rise

SOLD (COE 4/30/15)

PROPERTY DESCRIPTION

Loft 6 is a newly remodeled townhome community located in Old Town Scottsdale, near Scottsdale Fashion Square Mall, Scottsdale Waterfront, Scottsdale Stadium, Fifth Avenue Shopping District and the Scottsdale Arts District. Built in 1969 and renovated in 2014, Loft 6 consists of six well designed loft-style floor plans with high vaulted ceilings, open bedroom space overlooking floor-to-ceiling glass windows, new kitchen appliances, brushed nickel faucets, in-suite washer and dryer, faux wood flooring, security screens, private patios, outside storage and covered parking. Originally designed as individual townhomes, the property provides an investor a unique opportunity to acquire a best in class asset with significant upside potential through individual unit sales. Investors can realize a steady income stream from day-to-day operations thereby benefiting from the strength of this rental market while implementing a disposition strategy of the individual condos upon reinstatement of the condo map.

AREA DESCRIPTION

Loft 6 enjoys a superior downtown Scottsdale location, within close proximity to downtown Scottsdale attractions such as the renowned Scottsdale Fashion Square Mall, Scottsdale Waterfront, The Scottsdale Arts District, Fifth Avenue Shopping District, Old Town, and numerous world class restaurants all located within walking distance from the property. Loft 6 truly captures the essence of Downtown Scottsdale living. The Spring Training homes of the Arizona Diamondbacks and San Francisco Giants are also close by. As added convenience, three Scottsdale Trolley routes converge within a half mile of the subject property giving free access to shopping, dining and recreation.

PHOTOS