MAJOR PRICE REDUCTION - Priced to sell at $12,500,000, just reduced by $1,410,000. Rare opportunity to acquire a newly constructed prime multifamily investment property in the growing community of Glendale, AZ. Situated on 2.1 acres in the heart of the city, the property consists of 17 two-story duplex buildings totaling 34 rental apartment homes. Construction has recently been completed, and the community is currently in lease-up. Flexible terms: sell, exchange or trade. Can-add fully-entitled, shovel ready land to build additional 30 rental units in Apache Junction, AZ (www.CieloArizona.com).
Highlights include:
• Newly constructed multifamily community
• 17 two-story duplex buildings with a total of 34 rental apartment homes
• 22 two-bedroom, two-bath units averaging approximately 842 SF
• 12 three-bedroom, two-bath units averaging approximately 1,072 SF
• Situated on 2.1 acres
• Separately metered utilities
• Flexible terms: sell, exchange or trade
• Can-Add: shovel-ready land for additional 30 units in Apache Junction, AZ (www.CieloArizona.com)
***SEE THE ENCLOSED OFFERING MEMORANDUM FOR MORE INFORMATION.
Buyer to independently verify all information, property data, approvals, plans, specifications, and square footage prior to close of escrow.
Professionally Marketed and Brokered by: Keller Williams Arizona Realty, The Blu Summit Real Estate Group Arizona, KW Commercial. Robert W. Dudek, MSEL, AZ Real Estate Broker Lic. BR716825000, CA Real Estate Broker Lic. 01037546.