Morada Rise is a 344-unit, fully gated garden-style apartment community in the Far West submarket of Phoenix, Arizona. Built in 2001, the property consists of 23 two-story rental buildings constructed of wood frame, stucco, and pitched composition shingle roofs resting on an approximately 16.63-acre site. The property is situated just miles from the Westgate Sports and Entertainment District and are in close proximity to a multitude of major transportation corridors such as the Papago Freeway (Interstate-10), Agua Fria Freeway (Loop 101), Grand Avenue (Highway 60), and the South Mountain Freeway (Loop 202). The unit mix consists of 49 one-bedroom / one-bathroom units, 48 two-bedroom / one-bathroom units, 143 two-bedroom / twobathroom units, and 104 three-bedroom / two-bathroom units with a weighted average of 943 square feet. The property is individually metered for electricity and water. All units include air conditioning / heating, washer / dryer appliances, vaulted ceilings, private patio / balcony, additional storage, and kitchens equipped with refrigerator, microwave, dishwasher, garbage disposal, and icemaker. Select units have been upgraded with quartz countertops, vinyl wood flooring, and stainless steel appliance packages. Common area amenities include a dedicated rental office, two swimming pools, spa, fitness center, business center, playground, package lockers, barbecue grills / picnic area, gated entry, and open / covered parking. Significant employers in proximity to the property include a multitude of logistic services along Grand Avenue such as the BNSF Intermodal Facility and Sprouts Farmers Market Distribution Warehouse, retail centers such as Westgate and Desert Sky Mall, and educational institutions including Grand Canyon University, ASU West, and the Glendale Community College network. Furthermore, across the I-10 to the south of the property are numerous distribution hubs for major companies which include: Amazon, O’Reilly Auto Parts, UPS, Target, Autozone, Winco, GAP and DHL.