Park Villas_Propriété à vendre
Park Villas_Propriété à vendre
6603 N 65th Ave, Glendale, AZ, 85301-3751, US

Park Villas

Description de l'actif

JLL is proud to present Park Villas, a distinctive 205-unit community in Glendale, Arizona, offering an exciting value-add opportunity. The Property consists of 41 buildings arranged as 4-plexes across six parcels, featuring a diverse unit mix with an average size of 872 square feet.


The current owners have invested substantially in Park Villas, breathing new life into the property. In 2024, they completed a comprehensive modernization of the exterior and common areas. Additionally, over $4.6 million has been allocated to enhancing amenities,

upgrading plumbing and electrical systems, addressing deferred maintenance, and more. These improvements position Park Villas as a well-maintained asset with significant upside potential, especially when compared to properties of similar age.


Park Villas is ideally situated in a desirable area of Glendale, a city experiencing rapid growth and development. Billions of dollars have been invested in recent and ongoing projects throughout the city. Glendale’s strong population growth, coupled with its diversifying

economy - particularly in healthcare and manufacturing sectors - and limited new housing development, creates a solid foundation for sustained rental demand.


This Property represents an exceptional opportunity to acquire a revitalized community in a thriving market, poised for continued growth and appreciation.

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Attributs

Nombre d'unités
205
Année de construction
1963
Année de rénovation
2024

Média

Points forts de l'investissement

• Built in 1965, renovated in 2024 with over $4.6 million invested in exterior and common area improvements

• Significant value-add opportunity through washer/dryer installations and interior unit upgrades

• Diverse unit mix with 68% two-bedroom units, offering appeal to young professionals and families

• Proximity to major employment centers and attractions like Westgate Entertainment District, State Farm Stadium, and VAI Resort

• Best-in-class amenities compared to nearby properties of similar vintage, including two new pools, updated clubhouse, fitness center, and dog park

Park Villas 4_Propriété à vendre
Park Villas 4_Propriété à vendre

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Dernière mise à jour
13 mars 2025