Skip to main content

Multifamily

Concept at 43rd Ave

7338 N 43rd Ave, Glendale, AZ 85301

Listing Price: $4,300,000

Cap Rate
4.62%
Number of Units
20
GRM
12.99
Price/Unit
$215,000
Price/Gross SF
$233.70
Gross SF
18,400

Investment Overview

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus.

Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

Investment Highlights

  • Townhome Investment Opportunity Highlighted by Large Floorplans
  • Minutes to Grand Canyon University
  • Two-Bedroom Townhomes Covering 920 Square Feet with Attached Two-Car Garages

Exclusively Listed By

Financing By

Multifamily

Concept at 43rd Ave

Listing Price: $4,300,000

Cap Rate
4.62%
Number of Units
20
GRM
12.99
Price/Unit
$215,000
Price/Gross SF
$233.70
Gross SF
18,400

Investment Highlights

  • Townhome Investment Opportunity Highlighted by Large Floorplans
  • Minutes to Grand Canyon University
  • Two-Bedroom Townhomes Covering 920 Square Feet with Attached Two-Car Garages

Investment Overview

Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus. Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower