Investment Overview

Advantageously positioned in an ideal centralized location, Earll at Arcadia (“the property”) is a 10-unit apartment community primely located to the North of the 32nd Street and Thomas Road intersection, in the heart of the Arcadia Lite Submarket. Its proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Additionally, the Biltmore Employment Corridor, where names such as Cisco and Charles Schwab are stationed, also offers numerous dining and entertainment amenities. Together, the innovation and Biltmore Corridors showcase over ±117,000 employees and ±3,300 employers. Completed in 1968, Earll at Arcadia is dominated by two-bedroom floorplans covering an average of 772 square feet - each equipped with an Individual washer and dryer. The entire community's exterior has been updated with new paint and landscaping, along with privatized patios added to each 1st floor unit. In addition, each unit's interior has been completely renovated with new stainless steel appliances, granite countertops, cabinets, flooring, fixtures and hardware.