Description

JLL is pleased to introduce M Square, a 26-unit garden-style apartment community located in a desirable Phoenix neighborhood. This charming low maintenance community shows great pride of ownership with premium interior finishes. The property was built in 1979 and has been extensively renovated by current ownership. Interior units feature premium finishes including white shaker cabinetry with brushed nickel hardware, quartz countertops, vinyl plank flooring, stainless steel appliances and in suite washers/dryers (select units). The property is comprised of majority two bedroom/one-bath floor plans that average 900 square feet. M Square 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. M Square provides a compelling investment opportunity to acquire a recently renovated asset within an affordable submarket that is well positioned to tolerate rental increases.

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Attributes

Asking price

CN¥32,479,000

Number of units

Media

Investment Highlights

Extensively Renovated Interiors with Premium Finishes and In-Suite Washers/Dryers (select units)
Individually Metered
Majority Two-Bedroom Floorplans that average 900 Square Feet
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 Villas and Aurora 22 (76 Total Units, $13,795,000 Total Price)