KW Commercial is pleased to announce the opportunity to acquire Melrose Place 36 on 8th Avenue - a recently renovated boutique apartment community that boasts mid-century art deco style architecture modernized to fit the discerning young professional tenant base the property now attracts. Located within the highly sought after Woodlea Melrose Historic District, Melrose Place 36 provides an investor with a remarkable opportunity to complete a nearly done and proven re-positioning through completing the remaining 34% of interior unit renovations in one of the most dynamic apartment markets in the U.S. while the exteriors and amenities have been fully renovated.
Melrose Place 36 is snuggled into the end of a cul-de-sac just Southeast of 7th Ave, & Camelback, Melrose
Place 36 Apartments, is a boutique, 36 unit, mid-century modern, one and two-story, multifamily community
located in the trendy Woodlea Melrose Place Historic District in Midtown Phoenix, just West of Melrose On
7th, near Park Central Mall, Phoenix College, St. Joseph' s Hospital and Medical Center, Carl T. Hayden VA
Medical Center, and boutiques and popular eateries such as QCumberz, Retro Ranch, Paris Envy, Flo' s On
7th, Figs Home & Garden, Halo Animal Rescue Thrift Boutique, Melrose Vintage, Copper Star Coffee,
Gadzooks, and Taco Guild. The property is located in Midtown Phoenix, in the Melrose District, southwest
of the intersection of 7th Avenue and Camelback Road, nestled at the end of the cul-de-sac on 8th Avenue,
allowing easy access to the Valley Metro Light Rail, Biltmore Fashion Park, the Camelback Corridor, the
valley freeway system and numerous employers. The property is just south of the Grand Canal, which many
people utilize for recreation, including running and biking.
