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Property TypeMultifamily (2-4)
LocationScottsdale, Arizona
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Title4 Story 282 Unit Luxury Multifamily Apartment Community in Arizona with Great Amenities
Summary

4 Story 282 Unit Luxury Multifamily Apartment Community in Scottsdale AZ
Minutes to the Scottsdale Airport

Details

This premier luxury community located in North Scottsdale was completed in 2018, and features condominium-quality interior finishes & sophisticated amenities including a nice roof-top pool with city and mountain views. This outstanding location also features in consistently strong demand. The location and the community has one of the most walk-able locations in the area with more than 2 million SF of amenities within walking distance including more than 30 contemporary restaurants/bars, high-wage employment, luxurious homes and an array of resorts and golf courses, upscale retail, and abundant dining. Property is over 237K SF of living space, on 4.59 acres with an average unit size of 843 SF with a total of 489 garaged parking spaces. Other amenities include a gym, business center, clubhouse, onsite dog park, fire pits and gated electronic entrance.

Income and Sales Details

Monthly rental rates from $1600 to $3800
Current CAP Rate at 4.59%

Asking Price$105,000,000.00
Date UpdatedDecember 11, 2024