Maryland Greens_Pand te koop
Maryland Greens_Pand te koop
749 East Maryland Avenue, Phoenix, AZ, 85014, US

Maryland Greens

Objectomschrijving

JLL is pleased to present Maryland Greens, a 78-unit garden-style apartment community in the Mid-Town Phoenix submarket. Built in 1967, the community is made of block construction with built-up foam roofs and is master-metered for electricity. The Property is situated at an advantageous location in the Midtown Phoenix submarket with close proximity to major transportation routes, shopping centers, and recreational areas. The current owner is grappling with maturing, high-interest rate debt, creating an opportunity for investors to acquire the property at an attractive price with potential for substantial returns.

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Attributen

Aantal eenheden
78 eenheden
Bouwjaar
1967
Netto gebouwoppervlakte
3.824 vierkante meter
Bruto landoppervlakte
0 vierkante meter

Media

Investeringskenmerken

  • Extensive Value-Add Opportunity (Projected renovation premium of $130/Unit)
  • Proximity to Central Phoenix & Camelback Corridor Boutique Retail, Independent Restaurants, and Employment
  • Dynamic Mid-Town Phoenix Submarket
  • High Barriers to Entry (Less Than 1% of Metro Phoenix Future Apartment Deliveries Will Occur in Submarket)
  • Extremely Strong Submarket Fundamentals (Forecasted 3-Year Absorption Rates are Over 105% in the Submarket)
Maryland Greens 4_Pand te koop
Maryland Greens 4_Pand te koop

Contact adviseurs

Maryland Greens (0 Eigendommen)
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Laatst bijgewerkt
Jun 5, 2024