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2627 N 45th Ave
Phoenix, AZ 85035
La Reserve on Forty-Fifth · Multifamily Property For Sale
·
301 Units
PROPERTY FACTS
| No. Units | 301 | Building Size | 273,288 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2018 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 16.56 AC | ||
| Zoning | R-3 | ||
| No. Units | 301 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 16.56 AC |
| Building Size | 273,288 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2018 |
| Parking Ratio | 1.78/1,000 SF |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Disposal
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Dining Room
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Basketball Court
- Laundry Service
- Maintenance on site
- Online Services
- Smoke Detector
ABOUT 2627 N 45TH AVE , PHOENIX, AZ 85035
Garden-style property built in 1972 and located in an improving submarket. Property offers a unique unit mix of one-bedroom (11%), two-bedroom (43%) and three-bedroom (46%) units. Average unit size is 908 square feet. Operational upside utilizing an interior and exterior renovation plan with the ability to increase effective rents and add value based on projected rent growth and reduction of operating expenses. Beautiful curb appeal accentuates the exceptional community amenities package: three swimming pools, volleyball/basketball court, stand-alone leasing office, three laundry facilities, and two picnic areas. Close proximity to Westgate Entertainment District, University of Phoenix Stadium (home of the Arizona Cardinals NFL team), Gila River Arena (home of the Phoenix Coyotes NHL team), Historic Downtown Glendale, Chase Field (home of the Arizona Diamondbacks MLB team), Talking Stick Resort Arena (home of the Phoenix Suns NBA team), and Maryvale Baseball Park (spring training home of the Milwaukee Brewers).
PROPERTY TAXES
| Parcel Number | 103-22-005H | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $769,653 |
PROPERTY TAXES
