Multifamily
West Edge at Thunderbird
13913 N Primrose St, El Mirage, AZ 85355
Listing Price: $5,850,000
Investment Overview
Built in 1980 and renovated in 2022, West Edge at Thunderbird offers 32 units covering an average of 448 square feet - each complete with large private yards and in-suite laundry (select units). The property has seen interior and exterior renovations of just over $30,000 per unit in capital expenditures during the current hold. Future ownership will have the opportunity to upgrade 23 of the units to include in-suite laundry and benefit from future rent growth associated with the continued economic boom experienced in North West Phoenix.
Investment Highlights
- Over $30,000 per unit of capital improvements/renovations during the current hold period.
- Unique single-level, low-density mid-sized property. All units equipped with oversized private front yards.
- Located in the rapidly transforming North West Valley with proximity to TSMC's campus ($165 billion foreign investment).
Listing Price: $5,850,000
Investment Highlights
- Over $30,000 per unit of capital improvements/renovations during the current hold period.
- Unique single-level, low-density mid-sized property. All units equipped with oversized private front yards.
- Located in the rapidly transforming North West Valley with proximity to TSMC's campus ($165 billion foreign investment).
Investment Overview
Built in 1980 and renovated in 2022, West Edge at Thunderbird offers 32 units covering an average of 448 square feet - each complete with large private yards and in-suite laundry (select units). The property has seen interior and exterior renovations of just over $30,000 per unit in capital expenditures during the current hold. Future ownership will have the opportunity to upgrade 23 of the units to include in-suite laundry and benefit from future rent growth associated with the continued economic boom experienced in North West Phoenix.