Investment Overview

Cambridge & McKinley presents a compelling boutique value-add opportunity, combining favorable asset fundamentals with a highly connected Central Phoenix location. The four unit community features an attractive average unit size of approximately 886 square feet, providing spacious floorplans and a strong foundation for a comprehensive renovation program. With an average vintage of 1995, the property benefits from newer construction relative to much of the surrounding small multifamily inventory, while offering significant upside through interior and exterior improvements, modernization, and rental growth. Beyond the existing improvements, the low-density McKinley site provides an additional avenue for long-term value creation through the potential development of additional units. Subject to zoning, site planning, and municipal approvals, the underutilized land may provide an opportunity to increase unit count and maximize the productivity of the existing site. The property is strategically positioned near several of Metro Phoenix’s most significant employment and economic drivers, including the Innovation Corridor, Phoenix Sky Harbor International Airport, and Phoenix Children’s Hospital, with convenient freeway access providing connectivity throughout the Valley. Together, the property’s boutique scale, large unit profiles, value-add potential, and future development optionality create multiple pathways to enhance returns and long-term value.