Description

JLL is pleased to introduce Aurora Villas, a 28-unit garden-style apartment community located in a desirable central Phoenix neighborhood. This charming low maintenance community shows great pride of ownership with premium interior finishes. The property was built in 1985 and has been extensively renovated by current ownership. Interior units feature premium finishes including white shaker cabinetry with matte black hardware, quartz countertops, decorative tile backsplashes, vinyl plank flooring, stainless steel appliances and in-suite washers/dryers. The property is comprised of majority two-bedroom/one-bath floor plans that average 789 square feet. Aurora Villas is located within proximity to the Phoenix Metro Light Rail, exciting amenities, renowned schools and is situated near some of the highest demographic neighborhoods within the Phoenix MSA. Aurora Villas provides a compelling investment opportunity to buy a recently renovated asset within an affordable submarket that is well positioned for future rent growth.

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Attributes

Asking price

CHF 4,586,000

Number of units

Media

Investment Highlights

Extensively Renovated Interiors with Premium Finishes and In-Suite Washer/Dryers
1985 Construction | Individually Metered
Majority Two-Bedroom Floorplans
Attractive Pride of Ownership Community
Access to Major Employment Centers and Transportation
Dynamic Midtown Phoenix Location with Access to Top Retail Destinations
May be Purchased Individually or as a Portfolio with Aurora 22 and M Square (76 Total Units, $13,795,000 Total Price)