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TOTAL INVESTMENT AMOUNT

 

$4.7 Million

 

Multifamily 182 Keys  

 

  • No. Units:182

 

  • Building Size:139,260 SF

 

  • Property Type:Multifamily

 

  • Property Sub-type:Garden/Low-Rise

 

  • Property Use Type:Investment

 

  • Lot Size:6.73 AC

 

Highlights

 

 

  • 182 Units, Built Between Approx. 1959-1973

  • 73% Two and Three Bedroom Units (Approx. 765 Avg. SF)

  • One and Two-Story Construction

  • Private Patio or Balcony (Select Units)

  • Near Camelback Rd. and Walking Distance to Neighborhood Schools

  • ¼ Mile from Grand Canyon University

 

Property Description

 

TREAT is pleased to present Alta Vista Village Apartments. Alta Vista Village is comprised of 182 total units and located at 4510, 4540, 4626, 4638, 4642, 4646 and 4647 North 39th Avenue in Phoenix, Arizona. The complete property includes buildings built between approximately 1959 and 1973.

 

Eighty eight (88) of the units are individually metered for electricity and 94 of the units are master metered for electricity. The approximate 6.73 acre community consists of five floor plans: 5 studio units at approximately 255 SF, 44 one bedroom/one bath units at approximately 610 SF, 88 two bedroom/one bath units at approximately 815 SF, 31 two bedroom/one and one half bath townhome units at approximately 845 SF, and 14 three bedroom/one and one half bath units at approximately 945 SF.

 

Featured amenities include two swimming pools, three on-site laundry facilities, covered and open parking, a playground and barbecue areas. Unit amenities include a private balcony or patio (select units), ceiling fans (select units), frost-free refrigerators and disposals. Alta Vista Village Apartments is a repositioning opportunity, as it is currently about 25% occupied.

 

The property is located just south of Camelback Road on 39th Avenue. Alta Vista Village Apartments is minutes from retailers, sporting venues, schools, hospitals, parks and golf courses. Nearby attractions include Grand Canyon University, Cielito Park, Costco Plaza, Westworld Paintball Adventures and The Brewers Baseball Spring Training Facility. Alta Vista Village is also minutes from the Metro Light Rail, near a local Bus Line, and across the street from Alhambra High School and The 60 Grand Avenue Freeway.

 

TREAT Investment Property

Phoenix I - 182

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