Investment Overview

Ideally situated in the vibrant heart of Central Phoenix, Camelback Village (“the property’) benefits from a central location amidst the dynamic live, work, and play the area has to offer. Conveniently positioned along 30th Street, the property boasts a remarkably brief commute to major employment hubs and ease of access to primary thoroughfares to reach any destinations across The Valley. In addition, Camelback Village is surrounded by an array of distinctive high-end retail and dining establishments synonymous with the Biltmore and Arcadia neighborhoods. The 44th Street Gateway Corridor and Phoenix Sky Harbor International Airport Area are both within a mere two and a half miles, while the Innovation Corridor along Central Avenue and the influential Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed. Together, the Innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers. Originally developed in 1970, the property's unit mix features a desirable blend of one studio (±3%) and spacious one-bedroom (±77%) and two-bedroom (±20%) floorplans covering an average of ±678 square feet. Current ownership has spent over $1.7M in capital expense upgrading building systems, interiors, and the exterior/ community. Each unit's interior has been completely renovated with new stainless-steel appliances, quartz countertops, cabinets, flooring, fixtures and hardware and with in-suite laundry.