Photo 1 of 1
$910,345
Sold on 4/23/18
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$4,120 |
1946 |
|
On the market:
86 days
|
View full details, photos, school info, and price history
Encanto Park I is a 12-unit multifamily investment opportunity in the
heart of Uptown. The property is located directly off the 7th Street
corridor, approximately one mile from the famed Restaurant Row.
Encanto Park enjoys direct access to all areas of the Phoenix Valley by
way of the 51 Freeway (just under 1.5 miles away) and nearby Light Rail
Transit System (nearest station is less than a mile away). There are
numerous dining and entertainment options in close proximity to the
property given its prime central Phoenix location.
Encanto Park features popular mid-century, block construction and has
undergone many recent upgrades, though there are still additional
opportunities to add value. The property has ample parking and is
individually metered for electricity. There is also an on-site laundry
facility for additional income. Additionally, most units have undergone
extensive interior renovations. There are not many properties available
at this price point in the heart of Phoenix.
This property is being sold as part of a 29 unit, 3-property portfolio
comprised of 730-736 East Turney Avenue (12 units), 740 East Turney
Avenue (5 units), and 808-820 (12 units) East Turney Avenue in Phoenix,
AZ. The seller reserves to right to sell each property individually, or all
three as a whole portfolio.
Listing courtesy of John Klocek & Patrick Burch, ABI Multifamily & ABI Multifamily