602-525-4877
6315 N 16th St, Phoenix, AZ for Sale
Apartments - FOR SALE
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6315 N 16th St
Phoenix, AZ 85016


HIGHLIGHTS

  • Fully Renovated in 2024 with Modern Finishes
  • All Large 2, 3, and 4 Bedroom Floorplans
  • Irreplaceable, Dynamic Biltmore A+ Location
  • Minutes from High Employment Camelback Corridor
  • Resort Style Pool w/ Jacuzzi, Cabana Daybeds, Pool Loungers and Newly Installed Modern Glass Pool Fence
  • Fully Remodeled Gym with top of the line Cardio & Weight Training Equipment, Large Artificial Grass Dog Park

OVERVIEW

Ideally situated in the vibrant and high demand Biltmore neighborhood, Fringe Mountain View benefits from its dynamic live, work, play location. The property is conveniently located minutes from The Camelback Corridor, considered Phoenix’s premier financial district. With nearly 10M SF of office and retail, the Camelback Corridor is home to more than 60,000 employees. Some of the largest employers include Charles Schwab, Humana, Fennemore Craig, and the Arizona Biltmore Resort. The property and it’s residents enjoy the proximity to some of the most popular and trendy restaurants and coffee shops, world class shopping and the highest income employment of class A office space in the entire valley. Within two blocks Fringe Mountain View is the Biltmore Fashion Park, located along the northeast corner of 24th Street and Camelback Road, containing 535,430 square feet of open-air shop space and many of renowned Fox Restaurants including True Food Kitchen, Zinburger, and Blanco Tacos + Tequila as well as Capital Grille Steakhouse and the Cheesecake Factory. Retailers within the Fashion Park include Saks Fifth Avenue, Macy’s, Ralph Lauren, Lululemon, Apple, J.Crew, Brooks Brothers, and Pottery Barn. Recent redevelopments within the Biltmore Fashion Park include the addition of Life Time Fitness, Luxury Health Club. Other neighborhood hotspots include the Town & Country with Whole Foods, Snooze, Hopdoddy, The Macintosh, and Pizzeria Bianco. Other surrounding attractions in the immediate area include the Arizona Biltmore Resort and Golf Club, The Wrigley Mansion, Royal Palms, and the Phoenician Resort and Spa. SIGNIFICANT EXTERIOR CAPITAL IMPROVEMENTS & AMENITIES Major exterior capital improvements and added amenities have been made in 2024 that have upgraded, elevated, and transformed the curb appeal, the look and feel of the community and its garden-style courtyards. COMMUNITY AMENITY UPGRADES • Resort Style Pool with Jacuzzi and Newly Installed Modern Glass Pool Fence • New Resort Style Cabana Daybeds and Poolside Loungers • New Pool Plaster, Decking and Pool Equipment • Fully Remodeled Fitness Center featuring top of the line Cardio and Weight Training Equipment • New Courtyard Games – Giant Chess Set & New Concrete Cornhole Boards • New Gazebo with Built-in Stainless Steel BBQ • Large Artificial Grass Dog Park with New Fencing and Gates COMMUNITY CAPITAL IMPROVEMENTS • New Electric Interior Panels • New Copper and Pex Plumbing Supply Lines • New ABS Sewer Lines • New Stucco Exterior Paint & Trim • New Modern Premium Stained Wood Accents Throughout • New Dual Pane Windows • New Exterior Doors • New Roof Coating • New Low Maintenance Modern Desert Landscape w/ Native Plants, Cactus, Trees • New Modern Illuminated Community Signage • Artificial Turf Throughout the Community • Elevated Height Covered Parking • Re-Seal and Re-Stripe of Parking Lot • New Mailboxes • New Modern Door and Lock Hardware • New Modern Exterior Lighting Package • New Large Private Patios & Gates Installed SIGNIFICANT INTERIOR CAPITAL IMPROVEMENTS & AMENITIES Major interior capital improvements and added amenities have been made in 2024 that have upgraded the unit interiors with modern finishes that elevated the look and feel of the unit interiors. KITCHEN • Modern White Shaker Cabinets • Carrara Quartz Countertops and Backsplash • Stainless Steel Under Mount Sink • Modern Retractable Faucet • Stainless Steel Appliances including Built-in Microwaves and Dishwashers • Stainless Steel Smooth Top Ceramic Cooking Range • Anodized Bronze Hardware • Modern Light Fixtures • Modern Waterproof Plank Wood Flooring BATHROOM • Modern Shaker Vanity Cabinets with Marble Countertops • Modern Faucet and Fixtures • New Modern Tiled Shower & Shower Tubs and Surrounds • Low Flow Toilets • Modern Light Fixtures • Modern Waterproof Plank Wood Flooring BEDROOM & LIVING ROOM • New Fully Stackable Washer & Dryer In-Unit • New A.O. Smith 40-Gal Individual Water Heaters • Modern Waterproof Plank Wood Flooring • New 4” Baseboards • Modern Single Panel Interior Doors • Double Mirror Sliding Closet Doors • New Blinds • Anodized Bronze Hardware • Remote Control Modern Dual Draft Ceilings Fans

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

86

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fringe Mountain View

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

131

LAND DETAILS

LAND ACRES

3.25 AC

LAND SF

141,597 SF

ZONING

R-3

APN/PARCEL ID

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Ryan AshNewmarkMore Info
602-525-4877

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Ryan AshNewmarkMore Info
602-525-4877

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