550 W Maryland Ave
Phoenix, AZ 85013
Valencia Townhomes · Multifamily Property For Sale · 36 Units

Valencia Townhomes’ attractive Tuscan design makes it one of the most unique and desirable communities in Metro Phoenix. The community consists of 36 townhome units in two two-story buildings that are wrapped by detached parking garages. Individual residences have spacious floor plans averaging ±1,386 square feet with contemporary interiors featuring porcelain tile and hardwood-style flooring, granite countertops, stainless-steel energy-efficient appliances including built-in microwaves, large dual-pane windows, garden bathtubs, full-size washer and dryers with utility sink, private front courtyard with wrought iron gate, custom iron and glass-front entry door and detached garage parking. Community amenities are highlighted by a resort-style pool with lounge area and outdoor kitchen area and a state-of-the-art exercise facility. Valencia Townhomes has a unique exit opportunity by selling the townhomes individually as originally planned. Initially, individual listings at Valencia Townhomes were on the market for $359,000 which speaks to the tremendous upside potential. The property is individually platted and current neighborhood sales average more than $594,000 per residence or $187 PSF. Current active listing prices average over $1,126,700 per listing or $240 PSF. As inventory in the area continues to shrink from single-family homes selling rapidly, the demand for class-A townhomes is rising exponentially.