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Multifamily

Villa Ventura

3230 N 66th Pl, Scottsdale, AZ 85251

Listing Price: $2,637,000

Cap Rate
5.41%
Number of Units
9
GRM
12.90
Occupancy
77.8%
Price/Unit
$293,000
Price/Gross SF
$373.62
Gross SF
7,058

Investment Overview

Villa Ventura is located in the Holiday Park neighborhood of South Scottsdale, just 1 mile from famed Old Town Scottsdale. Built in 1969 and renovated in 2024, Villa Ventura is a single-level, low density rental housing community in one of the most sought-after locations in the Phoenix Valley. Prescient design elements such as neutral color schemes, stainless steel appliances, wood-appearance soft plank flooring,
and quartz countertops were incorporated in the Tier Two renovation
campaign executed by current ownership. Such design features obviate the
need for ongoing expensive maintenance requirements while adding a sensuous experience for the residents who call Villa Ventura home. Softclose cabinets, comfort floor finishes, and the inviting feel of quartz countertops in kitchens and baths create a feeling of ‘home’ for residents. Each unit is individually metered for electricity and features a gourmet friendly electric stove, microwave, stainless steel refrigerator and freezer, dishwasher, stackable clothing washer and dryer, single pull spring retracting kitchen faucet, stainless steel kitchen sinks, and quartz countertops. Each home features a private exterior patio thereby allowing residents to experience an extension of their living space. European-style
ceiling fans are in every living room and bedroom. Roofs, HVAC units, doors, windows, plumbing lines and wastewater lines were either replaced, rebuilt or re-lined during the renovation. A landscape plan with desert friendly xeriscape is both inviting and environmentally-sound and the property has a locking access gate that helps promote residents’ sense of well-being. Rounding out the residents' aesthetic experience are magnificent views of Camelback Mountain.

Investment Highlights

  • Seller Financing Options Available
  • 9 Units, Built in 1969, Fully Renovated in 2024
  • Unit Mix Consists Of (2) 2 Bed / 2 Bath, (6) 2 Bed / 1.5 Bath, (1) 1 Bed / 1 Bath

Exclusively Listed By

Financing By

Multifamily

Villa Ventura

Listing Price: $2,637,000

Cap Rate
5.41%
Number of Units
9
GRM
12.90
Occupancy
77.8%
Price/Unit
$293,000
Price/Gross SF
$373.62
Gross SF
7,058

Investment Highlights

  • Seller Financing Options Available
  • 9 Units, Built in 1969, Fully Renovated in 2024
  • Unit Mix Consists Of (2) 2 Bed / 2 Bath, (6) 2 Bed / 1.5 Bath, (1) 1 Bed / 1 Bath

Investment Overview

Villa Ventura is located in the Holiday Park neighborhood of South Scottsdale, just 1 mile from famed Old Town Scottsdale. Built in 1969 and renovated in 2024, Villa Ventura is a single-level, low density rental housing community in one of the most sought-after locations in the Phoenix Valley. Prescient design elements such as neutral color schemes, stainless steel appliances, wood-appearance soft plank flooring, and quartz countertops were incorporated in the Tier Two renovation campaign executed by current ownership. Such design features obviate the need for ongoing expensive maintenance requirements while adding a sensuous experience for the residents who call Villa Ventura home. Softclose cabinets, comfort floor finishes, and the inviting feel of quartz countertops in kitchens and baths create a feeling of ‘home’ for residents. Each unit is individually metered for electricity and features a gourmet friendly electric stove, microwave, stainless steel refrigerator and freezer, dishwasher, stackable clothing washer and dryer, single pull spring retracting kitchen faucet, stainless steel kitchen sinks, and quartz countertops. Each home features a private exterior patio thereby allowing residents to experience an extension of their living space. European-style ceiling fans are in every living room and bedroom. Roofs, HVAC units, doors, windows, plumbing lines and wastewater lines were either replaced, rebuilt or re-lined during the renovation. A landscape plan with desert friendly xeriscape is both inviting and environmentally-sound and the property has a locking access gate that helps promote residents’ sense of well-being. Rounding out the residents' aesthetic experience are magnificent views of Camelback Mountain.

Exclusively Listed By

Financing By

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