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2735 E Thomas Rd
Phoenix, AZ 85016
Summit on Thomas · Multifamily Property For Sale · 100 Units

Property Facts

No. Units 100
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.26 AC
Building Size 50,862 SF
Average Occupancy 91%
No. Stories 2
Year Built 1969
Parking Ratio 1.66/1,000 SF
Zoning R-5

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Walk-In Closets

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Gated
  • Grill
  • Vintage Building

About 2735 E THOMAS RD , PHOENIX, AZ 85016

Positioned among five of Arizona’s most prestigious employment corridors, The ViBE on Thomas, a 100-unit multifamily investment opportunity, offers unmatched access to a thriving landscape complimented by innovative healthcare facilities, high-end real estate, and upscale convenience. Developed in 1969 by Valley Enterprise Inc., The ViBE on Thomas is the latest example of east Phoenix rejuvenation which aims to honors the architectural charm of its 1960’s construction while simultaneously implementing the ever popular and stylish modern finishes of the contemporary era. The property features studio, one-, and two-bedroom floor plan designs with spacious walk-in closets, and updated lighting and bathroom fixtures. Select apartment homes include recently upgraded interiors that feature kitchens with new appliances, laminate counter-tops, refinished cabinets with brushed nickel hardware, wall-mounted microwaves, vinyl wood-style flooring or ceramic tile, bold accent walls, and private patios or balconies. Revitalized common area amenities include two swimming pools with new relaxing poolside furniture, shuffle board court, leasing office, four refreshed laundry facilities, pedestrian gates, and recently implemented controlled access security gates.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 36 - 475
1+1 63 - 675
2+1 1 - 770

Property Taxes

Property Taxes

Parcel Number
120-34-010A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$280,675
  • Listing ID: 14754527

  • Date on Market: 1/2/2019

  • Last Updated:

  • Address: 2735 E Thomas Rd, Phoenix, AZ 85016

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