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Concept at 43rd Ave 7430-7448 N 43rd Dr 20 Unit Apartment Building $4,300,000 ($215,000/Unit) Glendale, AZ 85301
EXECUTIVE SUMMARY
Concept at 43rd Ave is a 20-unit townhome community located southwest of the intersection of 43rd & Orangewood Avenues offering immediate mobility through the adjacent Interstate 17 (I- 17) as a connection point to navigate the boundless lifestyle and economic opportunities of the west Valley. The property is presented with access to a strong employment landscape led by ±412,100 total employees within a ten-mile radius across employment corridors featuring tenants such as USAA, American Express, Banner Health, U-Haul, Amazon, and Blue Cross Blue Shield as well as numerous awarding-winning healthcare facilities, Banner University Medical Center. The property also provides close proximity to a number of west Valley mainstays ranging from Westgate Entertainment District to several Spring Training facilities as well as a number of outstanding higher academic campus, including Grand Canyon University & Arizona State University West Campus.
Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.
Developed in 1983, Concept at 43rd Ave is entirely comprised of two-bedroom townhome floorplans, each covering 920 square feet and an attached two-car garage. Future ownership will have the opportunity to upgrade the remaining 19 classic interiors with an associated renovation premium of $300 per month.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $4,300,000 | Building Class | C |
| Price Per Unit | $215,000 | Lot Size | 0.42 AC |
| Sale Type | Investment | Building Size | 47,840 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R-3, Glendale - R-3, Residential | ||
| Price | $4,300,000 |
| Price Per Unit | $215,000 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 47,840 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | R-3, Glendale - R-3, Residential |
AMENITIES
UNIT AMENITIES
- Balcony
- Fireplace
- Microwave
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 20 | - | 920 |
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Concept at 43rd Ave | 7430-7448 N 43rd Dr
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