**PLEASE DO NOT VISIT THE PROPERTY WITHOUT FIRST SCHEDULING AN APPOINTMENT THROUGH THE LISTING AGENTS. ALL PROPERTY TOURS TO BE SCHEDULED AT LEAST 48 HOURS IN ADVANCE.**

Canyon Springs is a two-story apartment community built in 1981 and comprised of 203 units. The unit mix is approximately 65% one bedroom and 35% two-bedroom units. The property is individually metered for electricity, and the costs associated with usage inside the units is the responsibility of the residents. The water, sewer and trash costs are the responsibility of the owner, however a utility reimbursement program is in place, with the residents paying $40/month for one bedroom units and $45/month for two bedroom units. An additional $10 is paid by tenants that have units with washers and dryers. Common area amenities include two swimming pools, a playground, two laundry facilities, fitness center and clubhouse. The exterior of the property has recently been painted. The interiors of the units feature walk in closets and washers/ dryers in 82 select units.

Location Description:

Canyon Springs is located in a stable, middle-class neighborhood in N. Phoenix along the west frontage road of the Black Canyon Highway (I-17). The close proximity to the I-17 and Loop 101 gives residents easy access to the central business district of Phoenix to the South and the Deer Valley Airport business district to the North. The area immediately surrounding the property contains a variety of schools, retail, light industrial and residential neighborhoods. Nearby major employers include USAA, PetSmart headquarters, American Express and Sunhealth. ASU's West campus is located 2 miles west of the property, serving 9,000 students.

Highlights:

>> 203 Units; (131) 1/1's, (40) 2/1's, (32) 2/2's

>> Adjacent to I-17 and excellent proximity to Loop 101 as well as several major employment centers

>> Individually metered for electricity

>> Attractive assumable financing

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Sales Info:

>> Commision split: 0.75%