1502 W Glendale Ave
Phoenix, AZ 85021
Rise Preserve · Multifamily Property For Sale · 166 Units

Cascada del Sol Apartments is a 166-unit, garden-style apartment community in Phoenix, AZ., centrally located on Glendale Avenue and 15th Avenue in close proximity to the Abrazo Health Central Campus and the newly renovated Christown Spectrum Mall. Residents enjoy direct access to all areas of the Phoenix Valley by way of the nearby Light Rail Transit System (the 19th Avenue and Glendale Avenue stop is a half-mile from property), the Black Canyon Freeway (Interstate-17), the Piestewa Freeway (State Route 51), and the Papago Freeway (Interstate-10). In addition, there are numerous dining and entertainment options convenient to the property including the Christown Spectrum Mall, which has undergone a major $10 million redevelopment. Recently converted into a retail power center with 1.2-million square feet of leasable space, Christown features national big box retailers such as Super Target, Costco, Wal-Mart Supercenter, JC Penney, and a Harkins Theater. These aspects make Cascada del Sol a highly desirable community for its residents. Built in 1974, Cascada del Sol is a two-story rental community constructed of wood frame and stucco with flat roofing resting on a 4.18 acre site. The property’s has an airy feeling with many green courtyards and mature trees. The unit mix consists of 44 two-bedrooms measuring between 775 and 820 square feet, 68 one-bedroom floorplans measuring from 541 to 600 square feet, and 54 studio units measuring 404 square feet. All utilities are master-metered including electricity, gas, water, and sewer and hot water for the property is provided by master boilers. Units feature air conditioning / heating, balcony / patio, ceiling fan(s), oversized closets, walk-in closets, ceramic tile flooring on the first floor, and a kitchen equipped with a garbage disposal, gas range / oven, refrigerator, dishwashers and double-side stainless-steel sinks. Residents also enjoy amenities such as a swimming pool, clubhouse, laundry facility, barbeque grill areas, extra storage, and covered parking. Glendale Avenue enjoys a very large daily traffic count of 36,000 cars providing excellent exposure to a large tenant pool.