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Northwest Corner Of West Glendale Avenue & North 7
Glendale, AZ 85303
149 Townhome Development · Land For Sale
·
9.40 AC
Investment Highlights
- Underwrites to a 7.7%+ CAP RATE
- Multiple Bids in Place for Construction. GC'S on standby to begin work.
- Shovel Ready
Property Facts
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 9.40 AC |
| Zoning | R-4 - Residential | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 9.40 AC |
| Zoning | R-4 - Residential |
Description
New ground up development of Villas at 79th located at 7422 E Glendale Avenue, Glendale Arizona. The 418,000SF site is shovel ready for 149 residential units.The project spans over 17 buildings ranging from a 2-plex to a 12-plex. The units consist of 3 bedrooms and 2.5 bathrooms over 2 levels of living space, attached 2 car garages, 9’ ceilings and modern finishes. The community features a residents lounge, gym, pool and a leasing center. Project is shovel ready and ready to break ground!
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $22,375 | Total Assessment | $22,375 |
Property Taxes
Parcel Numbers
Land Assessment
$22,375
Improvements Assessment
$0
Total Assessment
$22,375
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