2608 E Turney Ave - Apartments FOR SALE


Phoenix, AZ 85016- Biltmore
$5,775,000 USD
602-525-4877
2608 E Turney Ave, Phoenix, AZ for Sale
$5,775,000 USD
Apartments - FOR SALE
1/14
null | 5.35% Cap Rate

2608 E Turney Ave
Phoenix, AZ 85016
Biltmore


HIGHLIGHTS

  • 11 Unit Boutique Luxury Brownstone Townhome Community in the Heart of the Biltmore
  • 3 and 4 Bedroom, 3 1/2 Bath Townhome at 2,530 SF
  • 100% Occupied with a Waiting List | Average Rent in Place of $3,352
  • Three Level Townhomes with Basements, Quality Construction and Modern Features
  • Gated Community, Each Townhome with its own 2 Car Garage and Large Private Patios
  • Irreplaceable Biltmore Location and Camelback Corridor Financial District

OVERVIEW

With its unmatched Biltmore location, East Coast Brownstone architectural charm, and the largest townhome floorplans in the Biltmore submarket, The Brownstones at the Biltmore represents one of the most exclusive boutique multifamily opportunities in Phoenix. INTERIOR FEATURES AND AMENITIES LIVING ROOM • Expansive open floor plan with 12-foot ceilings • 8-foot windows and dual sliding glass doors for natural light • Waterproof custom wood flooring • 4-inch baseboards and custom crown molding • Remote-controlled dual-draft ceiling fans • Upgraded lighting fixtures KITCHEN • Designer European cabinetry (42”) • Modern granite countertops with large island and bar seating • Sleek tile backsplash • Stainless steel undermount sink with retractable accordion gooseneck faucet • Premium stainless steel appliances, including built-in refrigerator, microwave, dishwasher, and gas cooktop • Recessed and upgraded lighting • Custom crown molding • Waterproof custom wood flooring MASTER BEDROOM AND BATHROOM • Spacious master suite retreat • Custom stone gas fireplace • Dual walk-in closets • 4-inch baseboards and crown molding • Faux wood blinds • Remote-controlled dual-draft ceiling fans • Luxury master bath with walk-in shower (glass door, 24”x24” tile surround) • Large Roman tub with tile surround • Extended dual vanity with granite or quartz countertops and custom cabinetry • Modern stainless steel faucets and fixtures • Recessed lighting • Separate water closet with low-flow toilet • 24” x 24” modern tile flooring BASEMENT / DEN / GUEST SUITE • Large basement with second living room / den • Full bedroom and bathroom • Spacious walk-in laundry with built-in cabinets, full-size washer & dryer, and separate sink • Recessed lighting, 4-inch baseboards, and remote-controlled dual-draft ceiling fans SEPARATE GUEST ROOM / IN-LAW SUITE / OFFICE • 500 SF Detached Guest Room, In-Law Suite, or Office above Garage • 24” x 24” Modern Tile Flooring and 4” Baseboards • Full Bathroom with Tile Shower Surround & Upgraded Fixtures • Remote-Controlled Dual-Draft Ceiling Fans • Large Windows and Skylight for Natural Light QUALITY CONSTRUCTION AND MODERN TECHNOLOGY TOWNHOME AND COMMUNITY AMENITIES • Private gated community • Large private patios with block stucco walls and modern pavers • Oversized luxury Victorian-style front doors with stained glass • Two-car garages, oversized • Beautifully landscaped with native desert plants, rocks, cacti, and trees QUALITY CONSTRUCTION & MODERN TECHNOLOGY • European-style 3-story walk-up brownstones • Concrete block construction with spray foam roofing (R6 rating) • Upgraded foam insulation for energy efficiency and noise reduction • 14 SEER HVAC heat pumps with insulated ducts • Individually sprinklered for fire suppression • Copper plumbing, ABS sewers, 150 AMP electrical panels • Modern technology: Nest thermostats, video doorbells, keyless entry, Bluetooth garage openers in select units • Electric car chargers in select garages

FOR SALE DETAILS

PRICE

$5,775,000 USD

PRICE/SF

$194 USD /SF

# OF UNITS

11

PRICE/UNIT

$525,000

CAP RATE

5.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brownstones at the Biltmore

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2011

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,515 SF

ZONING

R-3, Phoenix

APN/PARCEL ID

163-08-198,163-08-199,163-08-200,163-08-201,163-08-202,163-08-203,163-08-204,163-08-205,163-08-206,163-08-207,163-08-208,163-08-209

ASK ABOUT THIS PROPERTY

Ryan AshNewmarkMore Info
602-525-4877

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Ryan AshNewmarkMore Info
602-525-4877

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.