4401 N 21st Street, Phoenix, AZ 85016
Description
Supplements: Turney Villas is a centrally located multifamily investment opportunity consisting of a 16-unit apartment made up of mostly two bedroom/one bath units, and two separate houses. All units, except the one bedroom/one bath have a fenced in back or front yard. Most of the units have coated cement floors. There is both covered and uncovered parking available to the tenants, with ample street parking in front of the complex. The building was completely remodeled when the current owner purchased it. The Kitchen is good sized which opens to the dining and living rooms. There is a washer/dryer in each unit. They are very nice units which gives the tenants a very comfortable feeling. The property was previously rezoned to R4A with prior approval for up to 54 multifamily units across a 4-story configuration, providing investors with future density and redevelopment optionality. Location Description: Located within the highly desirable Biltmore and Midtown Phoenix corridor, Turney Villas benefits from strong connectivity to major employment centers, retail, entertainment, and transportation corridors. The property is very close to the AZ-51, which connects you into the 101, 202 and 10 freeways. You are close to Arcadia, Scottsdale, and the Camelback Corridor. This area is experiencing population growth, employment expansion, and limited infill housing supplies which keep up strong multifamily demand. This also sets up exceptional opportunity for future development.
More Information MLS# 7041244
Contract Info
Location, Tax & Legal
General Property Description
Project Type
Construction
Const - Finish
Roofing
Floors
Sale Includes
Income & Expenses
Pmt & Rate Info
Showing Notification Methods
Lockbox Type
Community Features
Heating
Cooling
Exterior Amenities
Interior Features
Tenant Pays
Appliances Included
Road Surface Type
Source of Fincl Data
Water Source
Sewer
Parking Features
Electric
Gas
Owner Pays
New Financing
Reports/Disclosures
Environmental
Contact Info
Efficiency Units
1 Bedroom Units
2 Bedroom Units
3 Bedrooms Units
4 Bedrooms Units
Remarks Misc
Legal Info
Income Expenses
Property Features
