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1645 E Cheery Lynn Rd
Phoenix, AZ 85016
Halcyon on Cheery Lynn · Multifamily Property For Sale · 14 Units

Executive Summary

JLL is pleased to introduce the Halcyon 2-Pack, an 18-unit and 14-unit townhome community located in the prominent Encanto Village neighborhood in Phoenix, Arizona. The Properties feature 100% spacious three-bedroom floor plans, each featuring 2.5 to 3 bathrooms, with an average unit size of 1,708 square feet.
The units feature luxury finishes including quartz kitchen islands and countertops, stainless-steel appliances, wood styled vinyl plank flooring, white shaker cabinetry, private patios/balcony’s, oversized walk-in closets, and in-suite washers and dryers. Additionally, each unit features a two-car direct access garage.
The Halcyon 2-Pack is located within the Encanto Village neighborhood, within proximity to exciting amenities, renowned schools, and adjacent to the Phoenix Children’s hospital. The Halcyon 2-Pack provides a compelling investment opportunity to buy newly delivered Class A townhome assets within a high barrier to entry location.
The Halcyon on Cheery Lynn offers attractive assumable financing at 3.52% due in 5-Years.
The offering may be purchased individually or as a portfolio with Halcyon on 18th (3301 N 18th St, Phoenix, AZ 85016).

Property Facts

Price Per Unit $456,143
Sale Type Investment
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 1.00 AC
Building Size 23,250 SF
No. Stories 3
Year Built 2020
Parking Ratio 0.43/1,000 SF
Zoning R-3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 8 - 1,650
3+3 6 - 1,675

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 119-32-149
  • 119-32-151
  • 119-32-157
  • 119-32-148
  • 119-32-156
  • 119-32-150
  • 119-32-155
  • 119-32-159
  • 119-32-158
  • 119-32-153
  • 119-32-154
  • 119-32-161
  • 119-32-152
  • 119-32-160
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$279,520
  • Listing ID: 39894808

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 1645 E Cheery Lynn Rd, Phoenix, AZ 85016

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