Address
9907 E. Bell Road Suite 110 Scottsdale, Arizona 85260
Phone
602.274.2992
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File Link - Listing Details
| Title : |
Norwood Village |
| Price : |
$3,500,000 |
| Description : |
Norwood Village presents an exciting opportunity to invest into a property that has enjoyed extensive capital improvement over the last 4 years at a price and terms likely not to be seen for many years to come. A very attractive unit mix of 2, 3 and 4 bedroom units are graciously situated in 2 separate courtyard facilities, each with their own pool and lush landscaping. Located just south of Glendale Ave, on 45thAve, the property sits on 5.19 acres and comprised of approx 16 buildings. Built in 1972 the complex includes 2 swimming pools, 2 laundry facilities and ample parking and is master metered and had extensive HVAC work. The Glendale submarket is rich with local industry, shopping and educational institutions, all offering close access for many employment opportunities. The large percentage of the employment in the vicinity, closely matches the tenant profile of Norwood Village Apartments. In addition, the property is ideally located near both I-17 and the 101 at the east and west and Glendale Avenue and Grand Avenue. The multiple transportation corridors lead to employment, shopping and many nearby schools, all consistent with the target tenancy. |
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| PDF Files : |
Marketing Package 2009 Income & Expense Rent Roll |
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