2130 W Indian School Rd
Phoenix, AZ 85015
S & T Apartments · Multifamily Property For Sale · 72 Units

PRIDE OF OWNERSHIP – WORKFORCE HOUSING COMMUNITY S&T Apartments is a workforce housing community that shows tremendous pride of ownership and has great curb appeal on Indian School Road in Central Phoenix. The community buildings have various paint schemes and colors that catch the eye and are coupled well with the different colored rock landscaping. The community grounds have attractive low-maintenance desert landscaping throughout requiring minimal maintenance. Residents enjoy a large outdoor barbecue area with artificial grass, several picnic tables, a granite countertop table with built in barbecue, paver walkways all of which surrounded by desert trees and an attractive bougainvillea blooming pink flowers providing a peaceful parklike setting for residents. MODERN INTERIOR RENOVATIONS & AMENITIES S&T Apartments was originally built in 1982 but was fully renovated in 2018 with over $2M in quality capital improvements to the unit interiors as well as exterior improvements that enhanced the property operations, grounds, and common area amenities. The unit interiors were fully upgraded with premium finishes which include modern wood laminate floors and baseboards, modern shaker cabinets, granite countertops and backsplash, oversized stainless-steel sinks, gooseneck faucets, full sized black appliances including dishwashers, built-in microwaves and in unit washer & dryers. The bathroom improvements include new vanities, mirrors, lighting, toilets, and modern tiled shower surrounds. New ceiling fans, lighting, hardware, handles, interior and exterior doors as well as dual pane windows throughout. QUALITY EXTERIOR IMPROVEMENTS & AMENITIES Exterior improvements and amenities include all 72 units with new HVAC’s(condensers and air handlers), all new sewer lines to both buildings, exterior paint, a reseal and restripe of the parking lot, attractive new landscaping with new irrigation/desert rock/new plants. In the pool area ownership resurfaced the pool decking, pool plaster, and pool tiles. Within the barbecue area ownership installed artificial grass, a paver walkway, and a large granite countertop table with built in barbecue. In addition to all of the amenities listed above, the community is gated(car and pedestrian) providing a safe & secure community for residents. LOCATION AMENITIES BENEFIT WORKFORCE HOUSING RESIDENTS Directly adjacent to S&T Apartments is a Sunrise Pre-school and a Charter School benefiting young families and their working parents. Within a short 3 minute walk of the community is a neighborhood retail center with a grocery store(Food City), several national(Subway) and local restaurants, hardware store(Ace), and a CVS providing residents convenient and easy access to consumer goods. Furthermore, directly in front of the community is a bus stop providing affordable transportation to residents and within a block and a half of the community is the Interstate 17, providing quick access to Downtown Phoenix and all parts of the valley. CENTRAL CORRIDOR & DOWNTOWN PHOENIX S&T Apartments is just a 5-minute commute to the Central Corridor and 10-minute commute to Downtown Phoenix. These employment centers hosts a dynamic mix of premier office, high end retail and hospitality development serving as a focal point for business and entertainment activity in Phoenix. The Central Corridor is a vibrant infill location experiencing a residential revival that has led to unprecedented rental demand that is now being pushed west into the neighborhood S&T Apartments is located in. Downtown Phoenix boast the highest concentration of employment in the state with more that $4 billion newly invested in office space, retail, restaurants, educational facilities, convention space and hotel rooms. GRAND CANYON UNIVERSITY S&T Apartments is just 2 blocks from the booming Grand Canyon University (GCU). The University’s 300-acre campus is going through a $1 billion dollar investment in technologies, infrastructure, and expansion over the past 10 years, providing a tremendous benefit to the local submarket through added employment, educational opportunities, and a sharp increase in rents and values. The campus enrollment in 2014 was 8,500 students and the 2018 enrollment has now surpassed 20,500 students. GCU’s 5 year forecast for enrollment is to grow to over 30,000 students and will expand the 300 acres campus to 400 acres. GCU’s rapid growth is steadily changing the landscape of West Phoenix. LIGHT RAIL STATION MINUTES AWAY The Light Rail Station at Indian School and Central provides a tremendous benefit to residents traveling along the Central Office Corridor, Downtown Phoenix, Sky Harbor International and Downtown Mesa and Tempe for work, school, and entertainment. Light Rail serves as an important link between communities and stimulates economic growth and revitalization for the region. Over 14 million riders use this transportation, making it the 12th busiest light rail in the country.