$1,450,000
Price
18.54
GRM
$362,500
Price Per Unit
4
Number of Units
4.37%
Cap Rate
3,052
Building SF

* Prime Arcadia Location– Near Camelback Mountain & Arizona Canal Trail

  • Elevate your investment portfolio with this prime Multi-Family property nestled in the heart of Arcadia, where nature meets urban living in perfect harmony.
  • Experience the ultimate blend of outdoor adventure and city convenience, with Camelback Mountain and the Arizona Canal Trail just moments away for residents to explore.
  • Discover the allure of Arcadia's picturesque streets, rich history, and welcoming community vibe, complete with top-notch schools, boutique shops, and trendy dining spots within easy reach. Embrace the opportunity to secure a lucrative investment with enduring appeal and solid rental prospects.

Extensive Renovations – Turnkey Investment

  • This 4-plex stands out as a rare, move-in ready gem in the heart of Arcadia, offering a hassle-free investment opportunity.

Exterior, Storage & Modern Amenities – Complete Turnkey Living

  • Elevate your investment portfolio with this meticulously upgraded 4-plex boasting a harmonious blend of outdoor aesthetics and functionality. The property's lush landscaping, accented with grass parcels and river rock, coupled with new fencing, elevates curb appeal while requiring minimal upkeep.
  • Each unit is equipped with four secure storage units and premium cement-paved parking, featuring both covered and uncovered spaces for added convenience and protection.
  • Enjoy peace of mind with 11 Milgard windows, three sliding doors, and new entry doors that promise both durability and contemporary style.
  • Inside, tenants are treated to a complete appliance package, including refrigerators, dishwashers, ranges, microwaves, washer/dryers, and water heaters, ensuring modern comfort and hassle-free living.

Arcadia Dining – A Culinary Destination at Your Doorstep

  • Postino Arcadia offers a charming atmosphere in a 1940s brick post office, serving up delectable bruschetta boards and an extensive selection of wines and craft beers. Visit Phoenix For those seeking a modern take on Italian classics, Nook Kitchen delivers house-made pastas and wood-fired pizzas in a warm, inviting setting. Nook Kitchen The Henry combines industrial charm with Gatsby-era elegance, offering a menu that includes favorites like smashed avocado toast and braised short rib, complemented by a variety of craft cocktails. The Henry Seafood enthusiasts can indulge at Buck & Rider, where fresh, flown-in-daily seafood and hand-rolled sushi are served alongside B&R Reserve steaks in a sophisticated setting. Visit Phoenix For a taste of the Mediterranean, théa provides a rooftop The Henry combines industrial charm with Gatsby-era elegance, offering a menu that includes favorites like smashed avocado toast and braised short rib, complemented by a variety of craft cocktails.

Outdoor Recreation in Arcadia – Nature at Your Doorstep

  • Arcadia offers a wealth of outdoor activities, blending challenging hikes, scenic trails, and tranquil parks, all within close proximity. Camelback Mountain dominates the skyline and is a premier hiking destination. The Echo Canyon Trail is a 2.4-mile out-and-back trail known for its steep ascent and panoramic views. The Cholla Trail offers a slightly longer but equally challenging route. Both trails are rated extremely difficult and are best suited for experienced hikers. Visit Phoenix For a more leisurely outdoor experience, Arcadia Park provides a peaceful setting with green spaces, playgrounds, and walking paths, ideal for picnics and casual strolls. Tripadvisor Papago Park, just on the edge of Arcadia, features unique geological formations and a variety of trails suitable for all skill levels. It's also home to the iconic Hole-in-the-Rock formation, offering stunning views of the city.

  • The property is located in the Camelback East Village neighborhood, known for its diverse community and convenient access to major freeways such as AZ-51 and AZ-202.
  • Nearby amenities include the Biltmore Fashion Park, a high-end shopping destination with luxury retailers and dining options.
  • The neighborhood is in close proximity to the Camelback Corridor, a prime office and retail area with companies like Vanguard, Silicon Valley Bank, and Northwestern Mutual having offices there.
  • Residents in the area have access to top-rated schools such as Madison Camelview Elementary School and Camelback High School, making it an attractive location for families.
  • The property is situated near recreational areas like Camelback Mountain and Piestewa Peak, offering opportunities for outdoor activities and scenic views for residents and visitors alike.
FOR MORE DETAILS CONTACT
Linda Gerchick
CCIM
(602) 688-9279
linda@justsoldit.com
BR114848000

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