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405-409 N 40th Ave
Phoenix, AZ 85009
Gran Jardin Apartments · Multifamily Property For Sale · 45 Units

PROPERTY FACTS

No. Units 45
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.80 AC
Building Size 28,125 SF
Average Occupancy 98%
No. Stories 1
Year Built/Renovated 1971/2013
Parking Ratio 1.11/1,000 SF
Zoning R-3, Phoenix

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Laundry Facilities
  • Playground
  • Security System
  • Gated
  • Grill
  • Recycling
  • Storage Space

ABOUT 405-409 N 40TH AVE , PHOENIX, AZ 85009

Gran Jardin is a single-story apartment community built in 1971, comprising 45 rental units. The unit mix consists entirely of two-bedroom units. Construction is of painted masonry, with pitched composition shingle roofs. Heating and cooling are provided by new individual roof-mounted air conditioning units. The utility costs associated with heating and cooling are the responsibility of the tenant. The property is individually-metered for electricity, and the costs associated with usage inside the dwelling units are the responsibility of the tenant. Hot water is provided by individual water heaters. The cost of water, sewer charges and trash collection is the responsibility of the owner. Common amenities include a playground, sand lot, picnic tables, gravel common areas, a laundry facility, outdoor barbecues, a vending machine and 110 uncovered parking spaces. A separate rental office is located on the property. Gran Jardin Apartments is located at 405 N. 40th Avenue in Phoenix, Arizona. The property is situated one block north of Van Buren Street, a major east-west thoroughfare running through Phoenix and into Tempe, Arizona. A wide variety of warehouse businesses, such as Amazon Fulfillment Center, Living Spaces Warehouse, Knight Transportation, Alliance Beverage Distributing and Del Monte Fresh Produce can be found just south and west of the property. The property is also located near Desert Sky Mall, a major regional shopping center in Arizona managed by Westcor. The mall provides residents many opportunities for shopping and employment. Gran Jardin is just south of Interstate 10, a major arterial freeway connecting Interstate 17 and highway 60. These highways give residents of Gran Jardin easy access to downtown Phoenix and all other parts of the metropolitan area.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 45 - 663

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 106-03-019B
  • 106-03-004
  • 106-03-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$92,639
  • Listing ID: 15020797

  • Date on Market: 1/29/2019

  • Last Updated:

  • Address: 405-409 N 40th Ave, Phoenix, AZ 85009

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