4127 N 9th Ave., Phoenix, AZ 85013

Melrose on 9th is a boutique, renown Mode project. This twelve-unit, mid-century modern, two-story, multi-family community is located in the trendy Woodlea Melrose neighborhood in Midtown Phoenix. Completely renovated in 2016 w/ modernized kitchens, bathrooms and all amenities. Stainless steel appliances, tile backsplash, tile surround shower/tub, and upgraded electric with USB ports. The complex is made up of (10)-1 bed/1 bath, (1)-2 beds/1 bath, & (1) Studio. The assigned parking spaces are covered with a new 10 year warranty, commercial shadecloth. Melrose is within close proximity to Central Phoenix, The Camelback Corridor, multiple health care complexes, freeways, The Park Central redevelopment, and the new to come Creighton Univ. medical school. Cap rate 5.46%, 100% occupied