For Sale
$21,570,000

7127 45Th AveGlendale, AZ 85301

60-Unit Multifamily Portfolio in AZ

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A multifamily investment opportunity presents 60 townhome-style units spread across seven buildings in the desirable Glendale, Arizona market. Located at 7127 N 45th Avenue, zip code 85301, this property, known as Villas at 45th, offers a compelling blend of modern amenities and convenient location. The asking price is $21,570,000. The community boasts lush landscaping, a tree-lined frontage, and attractive resident amenities including a recreation center, tot lot, and pickleball courts. These features contribute to a high-quality living experience, attracting tenants and maximizing rental income. The townhome design provides low-maintenance living, appealing to a broad range of renters. Its strategic location near historic downtown Glendale ensures easy access to shopping, dining, and numerous parks. This property represents a strong investment in a thriving Arizona market, offering significant potential for long-term growth and return. The 60 units are spread across seven buildings, providing a diversified portfolio. This turnkey investment is ready for an immediate return. The property's attractive features and prime location make it an ideal addition to any investment portfolio. The combination of modern amenities, low-maintenance living, and convenient location positions this property for continued success in the competitive Glendale rental market.

Highlights

  • $21,570,000 asking price.
  • Class A multifamily property.
  • 60 units in 7 buildings.
  • Located at 7127 N 45th Avenue, Glendale, AZ 85301.
  • Townhome community with amenities including a recreation center, tot lot, and pickleball courts.

Property Details for 7127 45Th Ave

Property type
Residential income homes, Apartment buildings
Class
A
Buildings
7
Units
60

Location Insight

City
Glendale
County
Maricopa
State
Arizona
Latitude
33.541353
Longitude
-112.154663
7127 45Th Ave, Glendale, Arizona

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7127 45Th Ave
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