Youngtown Flats_Propriété à vendre
Youngtown Flats_Propriété à vendre
12600 North 113th Avenue, Youngtown, AZ, 85363, US

Youngtown Flats

Description de l'actif

JLL is pleased to introduce Youngtown Flats, a 104-unit apartment community located in Youngtown, Arizona. The Property contains both office to multifamily converted units as well as newly constructed units in 5 buildings. Youngtown Flats sits on 3.04 acres consisting of attractive, low-maintenance landscaping. Both the converted and newly built units contain premium finishes including vinyl-plank wood flooring, stainless-steel appliances, quartz countertops, subway tile backsplash, white-shaker cabinetry, brushed nickel hardware, and floor-to-ceiling shower tile.


Future ownership will receive the benefits of owning a newly built asset while still having the opportunity to add value in the form of washer & dryer installations. Currently at the Property, only 10 units feature in-unit washers & dryers and receive a $75/unit premium. Youngtown Flats presents a compelling opportunity to acquire a thoughtfully designed 2023-built property at an attractive basis, 60% below where newly delivered multifamily assets have traded year-to-date.

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Attributs

Prix demandé
29 196 000 $
Nombre d'unités
104
Année de construction
2023
Superficie du bâtiment nette
6 093 mètres carrés

Média

Points forts de l'investissement

  • 2023 Construction and Partial Adaptive Re-Use
  • Premium Interior Finishes and Community Amenities
  • Rental Discount to other Nearby Class A Properties
  • Prominent Rent vs. Own Discount Fuels Increased Demand in the Surrounding Area
  • Exceptional Nearby West Valley Amenity Base and Healthy Submarket Fundamentals
  • Additional Revenue Enhancement Through In-Suite Washer/Dryer Installation and Tech Package Premium
  • Opportunity to Acquire a Newly Built Asset at a Favorable Basis
Youngtown Flats 4_Propriété à vendre
Youngtown Flats 4_Propriété à vendre

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Youngtown Flats (0 Propriétés)

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Dernière mise à jour
14 févr. 2025