Property Listing No Longer Available for Sale

4435 & 4436 North 8th Avenue

Phoenix, AZ

Multi-family for Sale - $3,960,000 - 26,870 Sq. Ft. on 1.38 acres


Property Info

CIMLS#952559
Location
  4435 & 4436 North 8th Avenue
  Phoenix AZ 85013
UpdatedOctober 31st, 2017
TypeMulti-family
Price$3,960,000
Building26,870 Sq. Ft.
Land1.38 acres

Property Description

KW Commercial is pleased to announce the opportunity to acquire Melrose Place 36 on 8th Avenue - a recently renovated boutique apartment community that boasts mid-century art deco style architecture modernized to fit the discerning young professional tenant base the property now attracts. Located within the highly sought after Woodlea Melrose Historic District, Melrose Place 36 provides an investor with a remarkable opportunity to complete a nearly done and proven re-positioning through completing the remaining 34% of interior unit renovations in one of the most dynamic apartment markets in the U.S. while the exteriors and amenities have been fully renovated.

Location Description:

Melrose Place 36 is snuggled into the end of a cul-de-sac just Southeast of 7th Ave, & Camelback, Melrose Place 36 Apartments, is a boutique, 36 unit, mid-century modern, one and two-story, multifamily community located in the trendy Woodlea Melrose Place Historic District in Midtown Phoenix, just West of Melrose On 7th, near Park Central Mall, Phoenix College, St. Joseph


Financials