Terrasol

JLL is pleased to present Terrasol, a distinctive 200-unit community in East Phoenix, offering a stabilized asset where the majority of the units have been renovated by current ownership. The Property consists of 13 buildings across 7 parcels, featuring a diverse unit mix with an average unit size of 670 square feet. The Property was constructed in 1982 and was heavily renovated in 2023. Renovated unit interiors feature premium finishes which include quartz countertops with under-mounted sinks, stainless steel appliances with built-in microwaves, attractive wood plank vinyl flooring, and in-suite washers/dryers.

Terrasol's prime location provides exceptional access to multiple employment centers, including proximity to thousands of high-paying tech and finance jobs within a 3-mile radius of Hayden Ferry Lakeside. The property is just 3 miles from Arizona State University, which has ranked #1 in Innovation for nine consecutive years and serves over 181,000 students.

Terrasol offers investors an attractive opportunity to acquire a 200-unit, heavily renovated community in East Phoenix, strategically positioned between the prominent Arcadia Lite Neighborhood and North Tempe.