The Property
Virtual Tour-Coming Soon
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
The Area around Polk Apartments
**Major Employers:**
✔ **Banner Health:** A leading nonprofit health system with over 50,000 employees statewide, providing extensive healthcare services in the region.
✔ **Freeport-McMoRan:** A global mining company headquartered in Phoenix, employing thousands in mining and resource management roles.
✔ **Arizona State University (ASU):** With its largest campus in Tempe, ASU employs over 8,000 individuals, offering diverse academic and administrative positions.
✔ **State of Arizona:** The state government is a significant employer, offering various public service positions across multiple departments.
✔ **Amazon:** The e-commerce giant operates fulfillment centers and corporate offices in the area, providing numerous logistics and administrative jobs.
**Accessibility via Highways:**
✔ **Interstate 10 (I-10):** Running east-west, I-10 provides quick access to downtown Phoenix and connections to other parts of the state.
✔ **Interstate 202 (I-202):** Serving as a loop around the western part of Phoenix, I-202 connects various neighborhoods and commercial centers.
**Public Transportation:**
✔ **Bus Routes:** Numerous local and regional bus routes serve the 85009 area, connecting residents to key destinations across Phoenix. For detailed route maps and schedules, visit the Valley Metro website.
✔ **Light Rail:** The Valley Metro Light Rail system operates nearby, providing efficient transit between central Phoenix and surrounding suburbs. The closest stations offer access to dining, entertainment, and cultural venues.
**Parks and Recreation:**
✔ **Encanto Park:** Located northeast of the 85009 area, this urban park features a lake, golf course, and picnic areas, offering recreational opportunities for all ages.
✔ **Maryvale Baseball Park:** Situated to the west, this stadium is home to the Milwaukee Brewers’ spring training and hosts various community events.
**Entertainment and Dining:**
✔ **Valley Bar:** An underground live music venue featuring craft cocktails and games, located in the heart of downtown Phoenix.
✔ **Cornish Pasty Co.:** A British-inspired pub offering traditional pasties and a wide selection of beers, situated near the Washington/Central Ave. light rail station.
✔ **The Joy Bus Diner:** A community-focused eatery known for its hearty breakfasts and lunches, contributing to local charitable causes.
Sale Price
Gross Operating Income
Operating Expenses
Net Operating Income
Cap Rate
Offering Memorandum and Marketing Flyer
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!
Documents
Rental Comps
Year to Date Books and Records
Last Years Books and Records-2024
List of Improvements
Floor Plans and Appraiser Measurements
Platt Map and/or CCRs
Schedule of Personal Property
Seller Property Disclosure
Warranties
Insurance Loss Run
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
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