2020 W Orangewood Ave, Phoenix, AZ, 85021

USD 3,895,000
For Sale

Property Details

Bedrooms

3

Bathrooms

3

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 3 • Bathrooms: 3 • Square Feet: [object Object]

Description: The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors

Location

Address

2020 W Orangewood Ave, Phoenix, AZ, 85021

City

Phoenix

Features and Finishes

Year Built: 1986; [object Object]; [object Object]; [object Object]

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