Investment Overview

Ideally situated in a prime Central Phoenix location, Camelback Court (“the property”) is a 16-unit multifamily community. Located on 21st Avenue just north of Camelback Road, the property is immediately east of “The Largest Christian University in the World,” Grand Canyon University (“GCU”), boasting an on-campus enrollment of ±25,000 students and ±6,970 employees. Its nearby proximity to Interstate 17 and the Valley Metro Light Rail, residents are afforded 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. 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. Park Central is also in close proximity, home to healthcare innovators such as Dignity Health, St. Joseph’s Medical Center, Barrow Neurological Institute as well as Creighton University. Completed in 1965 and renovated in 2023, Camelback Court is comprised of 15 two-bedroom units (93%) and 1 one-bedroom unit (7%), offering an average of ±794 square feet. All unit interiors have been renovated with new stainless-steel appliances, cabinets, flooring, quartz countertops, washer/dryers, hardware and fixtures, and each unit has large. In addition, all units have their own large private back patios. The entire exterior of the property has been updated including all new HVACs, roofs, windows, and also new paint and landscaping in the common area community space.