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Off Market
1/3

6740 W Montebello Ave
Glendale, AZ 85303


OVERVIEW

Sladek Manor is an 24-unit apartment community located In a residential Glendale neighborhood with nearby access to major retail. The property is located four miles East of the Westgate Entertainment District - the West Valley's restaurant and nightlife destination and home of the Arizona Cardinals. Developed in 1974, Sladek Manor is comprised of mostly two-bedroom floorplans - three of which have been renovated to prove out an interior renovation premium. Future ownership will have the opportunity to renovate the remaining twenty classic units with an expected premium of $100 per month. New ownership could add additional renovation premium with the incorporation of in-suite laundry and front patios. Area rent comps suggest this would yield at least an $100 above the current renovated rent.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Beverly IV

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

15402

STORIES

1

YEAR BUILT

1974

PARKING SPACES

40

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

144-25-008L,144-25-008M,144-25-008P,144-25-008Q,144-25-008R,144-25-008S