Agave 7

3438 N 37th St,
Phoenix, AZ 85018

 

$1,395,000
Offering Price
13.94
GRM
$199,286
Price Per Unit
7
Number of Units
4.94%
Cap Rate
3,948
Building SF
$1,395,000
Offering Price
13.94
GRM
$199,286
Price Per Unit
7
Number of Units
4.94%
Cap Rate
3,948
Building SF

Investment Summary

  • This offering’s renovation was just completed in early 2020. All units have their own stackable washer/dryers and tenant pleasing private yards. New kitchen cabinets topped with granite counter tops, new HVAC's for each unit and further finished off with stainless steel appliance packages.

Investment Highlights

  • Low down easy 30 year fixed rate financing available
  • Full renovation completed 2019-2020.
  • New kitchens-baths-HVAC’s
  • Washer/dryers in ALL units!
  • Private enclosed yards for ALL units
  • Low maintenance desert landscaping
  • 100% Occupied.
  • Walking distance to many restaurants & entertainment venues

Location Summary

  • Perfectly located between the trendy Biltmore & Arcadia submarkets which allows tenants to have the best of both worlds! Residents enjoy a plethora of employment, shopping, and entertainment venues. Employment options for the tenants range from nearby numerous retail options to the many office buildings & small to large businesses scattered throughout the area. The Arcadia/Biltmore area is also home to many of the regions most trendy restaurants & night clubs let alone the world-famous Biltmore Country Club and the Phoenician Resort among others. The bustling cultural shopping, art, night life of Olde Town Scottsdale is just a few miles away. Shopping is plentiful with the Desert Palms shopping center just blocks away with numerous grocery stores and shops all located within a mile. Mass transit opportunities are conveniently located on both Thomas St. and on 40th Street. Easy access to the 101 freeway and State Route 51 provide access to all the Valley cities employment and entertainment opportunities.
  • This offering’s renovation was just completed in early 2020. All units have their own stackable washer/dryers and tenant pleasing private yards. New kitchen cabinets topped with granite counter tops, new HVAC's for each unit and further finished off with stainless steel appliance packages.
FOR MORE DETAILS CONTACT
Steven Fowler
Designated Broker
(480) 649-3536
sjfowler@sjfowler.com
BR012851000