NEAR HIGHLY RATED SCHOOLS
Moon Mountain Elementary School is a preschool through sixth grade school, offering students a learning environment rich with differentiated instruction through the use of Multiple Intelligences strategies. A strong school-wide citizenship program also helps student build a sense of personal responsibility for safe learning environment. This school is focused on high expectations regarding academics, behavior and motivation for all students. The school provides services such as extended day car, full-day kindergarten, gifted program, school-based medical/dental clinic, and summer school classes. Thunderbird High School is ranked among the best high schools in the nation by U.S. News and World Report and Newsweek and is a part of the College Board’s National Advanced Placement District of the Year. The Arizona Department of Education has rated Thunderbird an “A” school. Recently, Thunderbird underwent new construction to rebuild classrooms. Thunderbird High School is ranked 16th within Arizona.
MOONVALLEY COUNTRY CLUB
Just minutes away from Aster Gardens is one of Arizona’s most respected and successful private country clubs. Rich in history, with a friendly and attentive professional staff, first class amenities, and a camaraderie you won’t find anywhere else, Moon Valley represents a unique alternative for clubs in this region.
Championship Golf Course - The par 72, 18-hole Championship Course is challenging for all levels of players and plays from 5,278 yards to 7,210 yards in length. There is also a fully-stocked golf shop, locker rooms, shoe cleaning, and golf bag storage. PGA Professional Staff offers private lessons and clinics for juniors and ladies.
The Tennis Center - The Tennis Center has 8 hard courts, all lighted for night play. Moon Valley fields teams in the Arizona Tennis Association and PlayTennis as well as Women’s Interclub.
Fitness Center - This complete exercise facility offers members a variety of options including racquetball courts, a group fitness studio, a variety of fitness classes, Spinning room and exercise equipment downstairs.
The Aquatics - Moon Valley Country Club has an impressive year-round pool, that offers a host of aquatic programs from competitive swim to infant swim programs.
NEARBY OUTDOOR ACTIVITES PROVIDE ABUNDANT HEALTHY LIFESTYLE CHOICES
Cave Creek Golf Course - 4 mins - This environmentally friendly and affordable golf course has become the city’s most popular municipal golf course with over 100,000 rounds played annually. A driving range and golf school are available.
Cave Creek Park - 8 Minute Walk - Just a short walk away is Cave Creek Park - Thunderbird offering residents access to lighted basketball and sand volleyball courts, a ramada/picnic area, grill, playground, restrooms, and lots of trails.
Ross Mofford Sports Complex - 8 Minutes - This city owned sports complex includes soccer fields, softball fields, tennis courts, basketball courts, volleyball courts (sand and asphalt) racquetball courts, full size track, playground, picnic ramada, off-leash dog park, snack bars and restrooms.
North Mountain Park - 2 Minute Walk - North Mountain Park has a rich history including centuries-old Hohokam petroglyphs and evidence of turn of the century campgrounds. Shaw Butte is the tallest mountain in the Preserve with an elevation of 2,149 feet. Throughout the North Mountain Preserve, there are over 20 miles of hiking, biking, and horseback riding trails.
MAJOR EMPLOYERS WITHIN CLOSE PROXIMITY
APS
Ping
Matrix Management
Hewson/Copley Northwest
Safeway Accounting Office
Discover Financial Services
DR Horton
Honor Health
American Express
Costco
Petsmart Corporate Office
Thunderbird School of Global Management
Banner Health
Glendale Community College
Dyson
University of Phoenix
MIcrosoft
Paychex
Revana
Arizona Endocrinology Center
Farmers Insurance Group
Climatec
TriWest
Northern Arizona University
Local Retail
SINGLE STORY - LOW DENSITY COMMUNITY
Aster Gardens offers residents a quiet, single story gated environment that checks all the boxes for tenant attraction and retention. The community offers covered parking, swimming pool and sundeck with a newly constructed sail shade, modern kitchens with dishwashers, built-in microwaves, walk-in closets along with front and back patios and entrances in a majority of the units.
RECENT CAPITAL IMPROVEMENTS
Current ownership has recently implemented several capital improvements to further enhance the resident living experience. New iron gates were installed between each building providing controlled access to the property and individual patios. In recent years, the pool was re-plastered and dual drains were installed while a sail sunshade was constructed over the pool sundeck providing a shaded area near the pool for residents to enjoy. A majority of the roofs and AC’s were replaced and numerous oak trees were planted along the west end of the property enhancing the curb appeal of the property.
ADDITIONAL VALUE-ADD UPSIDE
Given the majority two and three bedroom unit mix, new ownership has the opportunity to add washer & dryer in the units and increase the rental rates by $75-100. The units generous floor plans provide multiple easily accessible washer & dryer locations that allow for cost effective installation and implementation. Additional rent upside could be achieved through updating the properties curb appeal through modern paint colors on the exterior combined with stainless steel appliance and modern flooring package upgrades upon unit turns.
CONDO MAPPED COMMUNITY PROVIDES TREMENDOUS UPSIDE VIA
INDIVIDUAL SALES
Aster Gardens is comprised of 28 individually parceled condominium units. New Ownership is poised to reap the benefits of operating the property as an apartment community while both the condo and single family home markets continue to increase in value at a rapid pace, preserving the option to sell off the condos individually for a substantial gain in the future and providing multiple exit strategies for the disposition of the asset.
