5022 N 17th Ave
14 unit value add central phoenix
REI Marketing is pleased to offer for sale the 17th Ave Apartments, a low maintenance, value add community of 14 units located in Central Phoenix. Constructed in 1982, the community is comprised of one and two bedroom, one bath units around a central courtyard. Most units have undergone major improvements over the years, and all have either tile or vinyl flooring. All of the units are individually platted and individually metered for utilities. Affordable, safe and clean apartment housing is in huge demand right now, and this is a perfect investment opportunity to fulfill that need. There is a solid opportunity to reposition the property by further refreshing the unit interiors and adding washer/dryers to several units. These upgrades will give a new owner the opportunity to raise rents and increase the value of the investment.
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