306 & 312 E Kinderman Dr, Avondale, AZ 85323 Fully Occupied 13 unit-remodeled $3,690,000

The Property

Step into a premier multifamily investment in the fast-growing city of Avondale, Arizona. This 13-unit complex has undergone nearly $1,000,000 in renovations, offering a rare blend of stability, modern upgrades, and location-driven upside.

📍 Property Highlights:

13 Total Units: Fully occupied with strong in-place income
Major Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishes
Dishwashers in Every Unit: A standout amenity that enhances rental appeal
Stabilized and Turnkey: Minimal deferred maintenance with all units leased
Strategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainment
High Rental Demand: Avondale continues to experience rapid population and economic growth
Investor-Friendly Market: Surrounded by infrastructure projects and booming development
Buyer to Verify All Facts and Figures During Due Diligence

Virtual Tour-Check it out!

If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?

Location

Avondale, Arizona, is a rapidly expanding city in the Phoenix metropolitan area, offering strategic advantages for businesses and residents alike.

🚀 Population Growth & Demographics
Avondale’s population reached 96,196 in 2025, reflecting a 7.4% increase since 2020 and an annual growth rate of 1.4%. Projections estimate the population will grow to approximately 97,555 by the end of 2027This growth is fueled by the city’s family-friendly environment, with 27.4% of residents under 18 years of age.

🛣️ Transportation & Freeway Access
Avondale boasts excellent connectivity through major transportation route:

– Interstate 10 (I-10) This major east-west corridor runs through Avondale, linking it to downtown Phoenix and other key areas
– Loop 101 (Agua Fria Freeway) Intersecting with I-10 near Avondale, it provides access to northern Phoenix
– State Route 30 (Tres Rios Freeway)** A planned freeway aimed at alleviating I-10 congestion, with construction of the central segment expected to begin soon
Recent infrastructure improvements, such as the Fairway Drive interchange, have enhanced local traffic flow and accessibility

🏢 Major Employers & Economic Landscape

Avondale’s economy is diverse, with key sectors including:

– Education & Health Services: Employing 19.9% of the workforce, with institutions like Estrella Mountain Community College playing a significant role.

– Retail Trade: Accounting for 13.9% of employment, supported by various local and national retailers.

– Professional & Administrative Services: Comprising 10.9% of jobs, reflecting a growing business services.

Notable employers include the City of Avondale, Stotz Equipment, and Starbucks.

🌟 Business & Lifestyle Advantages

Avondale offers a pro-business environment with benefits such as:

– Strategic Location: Proximity to major freeways facilitates commerce and commuting.

– Skilled Workforce: Access to a growing labor pool within the Greater Phoenix area.

– Quality of Life: A family-oriented community with amenities and services that support a high standard of living.

These factors make Avondale an attractive destination for businesses and families seeking growth opportunities in the Southwest.

$3,690,000.00

Sale Price

To Come

Effective Operating Income

To Come

Operating Expenses

To Come

Net Operating Income

To Come

Cap Rate

$3,690,000.00

Sale Price

To Come

Proforma Effective Income

To Come

Proforma Operating Expenses

To Come

Proforma Net Operating Income

To Come

Proforma Cap Rate

Offering Memorandum and Marketing Flyer-Check them out! OM to come soon

To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.

Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.

If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.

Thank you for considering our investment opportunity, and we hope to hear from you soon!

One Page Flyer-Check it out Offering Memorandum