Description

JLL is pleased to introduce Moli Gardens North, a 7-unit luxury townhome community located in the prominent Encanto Village neighborhood in Phoenix. The Property features 100% oversized three-bedroom units, each comprising two stories and averaging 1,779 square feet.

The Property contains luxury finishes including large kitchen islands and quartz countertops, stainless steel appliances, wood-styled vinyl plank flooring, walnut toned shaker cabinetry, contemporary backsplashes, gooseneck faucets, full size washers and dryers, and private patio space. Additionally, each unit features a two-car direct-access garage.

Moli Gardens North is located within the Encanto Village neighborhood, within proximity to premier amenities, prominent schools, and Phoenix Children’s Hospital. Moli Gardens North presents a compelling investment opportunity to acquire a Class A asset within a high barrier-to-entry location.

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Attributes

Asking price

₱167,842,000

Units

Year built

2022

Media

Investment highlights

Midtown Phoenix Location with High Barriers to Entry
2022 Built Class A Townhome Community with Luxury Finishes
100% Three-Bedroom Floor Plans that Average 1,779 Square Feet
Priced $180K per Unit Below Individual Townhome Sales and $40K per Unit Below Recent BTR Sales
Rental Rates are Over $200 Below Similar Properties within the Trade Area
Prominent Rent to Own Discount Fuels Increased Demand in Surrounding Area
May be Sold Individually as a Potential Exit Strategy
Excellent Nearby Amenities Including Uptown Plaza, Biltmore Fashion Square,and Downtown Phoenix
Lender Controlled Offering