This fourplex has everything new. From the underground pipes to the new roof. Need I say new dual pane windows with the new sliding glass doors (blinds on the inside of the glass). An on-site laundry room with owner owned washer and dryer. This property sits in Arcadia Lite nestled on a cul-de-sac. Please see the documents tab for the complete list of items done. There are over 200K of work being completed now.
The construction is still underway but you would not be sorry on this property. Please do not walk property without me for liability reasons.
Buyer to verify all facts and figures.
Virtual Tour-Coming Soon
Hip. Funky. Fresh. Arcadia Lite is known for its trendsetting style and eclectic crowd. This part of the neighborhood is where you can find hotspots like La Grande Orange, Postinos, The Vig, The Attic, Little Woody’s, Tee Pee, and the Madison Improvement Club…to name a few. Arcadia Lite is great for those that want the central location and Arcadia aesthetic in a mid-range budget. The neighborhood has seen a lot of turnover in the past few years and it is now home to many young professionals who want to be close to major business and entertainment centers. If you work near the Esplanade, downtown Phoenix, Scottsdale, or further North then this location provides you with a quick commute.
Arcadia Lite is highly regarded for its tight-knit community and safe streets. You will typically find people hanging out for coffee in the mornings at La Grande Orange, having a glass of wine during the evenings at Postinos, or in their front yard on adirondacks. The canal and quiet streets of Arcadia Lite provide a great place for those that love taking walks or runs.
If you are new to the area I would suggest taking a day to bike ride down some of these beautiful streets and visit the local hangouts. You will instantly gravitate towards this area because of its hip and vibrant charm. There is a reason Arcadia Lite was recently named one of the hottest neighborhoods in Phoenix. Arizona State Route 51, also known as the Piestewa Freeway, is a numbered state highway in Phoenix, Arizona. It connects Interstate 10 just outside Downtown Phoenix with Loop 101 on the north side of Phoenix, making it one of the area’s major freeways
Gross Operating Income
Net Operating Income
Check out the Offering Memorandum along with the one page flyer!