2602 W Glenrosa Ave
Phoenix, AZ 85017
Radius Apartments · Multifamily Property For Sale
·
72 Units
Property Facts
| No. Units | 72 | Building Size | 32,600 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1979 |
| Building Class | C | Parking Ratio | 2.3/1,000 SF |
| Lot Size | 1.68 AC | ||
| Zoning | C-2 - Commercial | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.68 AC |
| Building Size | 32,600 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.3/1,000 SF |
| Zoning | C-2 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Online Services
- Walk-Up
- Smoke Detector
About 2602 W GLENROSA AVE , PHOENIX, AZ 85017
Radius is a 72-unit garden-style apartment community located in a desirable Phoenix location. The property is situated on Glenrosa Avenue just west of the Interstate-17 Freeway. Built in 1979, the property is made of wood frame and stucco construction with new built-up foam roofs and is master-metered for electricity with a new chiller system. The unit mix is comprised of studio, one and two-bedroom floor plans that are spacious, very well designed and range in size from ±320 to ±620 square feet. Radius has recently undergone numerous capital improvements including new roofs, smooth stucco with a modern two-toned paint scheme, new gated entry, new boiler & cooling tower and a renovated leasing office. Interior unit features include fully appointed kitchens with new contemporary cabinetry with brushed nickel hardware, upgraded countertops, ceramic tile or faux wood-plank vinyl flooring, full-size electric appliances, contemporary bathroom vanities with premium lighting. The property is situated on approximately 0.78 acres and has attractive desert landscaping with low water use plants. Exterior amenities include a large central courtyard, pedestrian access gates, laundry facility and designated leasing office. Radius offers an investor an opportunity to purchase in an improving sub-market that has demonstrated strong effective rent growth.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 48 | $560.00 | 377 |
| 1+1 | 22 | $660.00 | 560 |
| 2+1 | 2 | $760.00 | 700 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $13,546 | Total Assessment | $126,523 |
Property Taxes
