602-344-9258
6540 N Central Ave, Phoenix, AZ for Sale
Apartments - FOR SALE
1/76
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6540 N Central Ave
Phoenix, AZ 85012
North Phoenix


HIGHLIGHTS

  • 16 Beautifully Renovated Units Located in the Heart of North Central Phoenix
  • 12 of 16 Units Have Private Patios (4 Enclosed)
  • All Units Are Large Two-Bedroom / Two-Bathroom Units at ~935 SF
  • In-Unit Washer / Dryer & Each Unit Is Individually Metered for Electricity
  • Property Sits Right off of the Popular Murphy Bridle Path with Beautiful Landscaping & Interior Courtyard & Pool
  • Limited Multifamily Product in This Desirable North Central Phoenix Submarket

OVERVIEW

Venture on Central presents a fantastic, beautifully renovated investment opportunity in the heart of Phoenix’s sought-after North Central Corridor. This rare multi-family offering is located just off the famed Murphy Bridle Path, established in 1895. The surrounding area, characterized by mature vegetation featuring tall verdant trees and large-lot, high-end residential housing, makes this a truly desirable investment. Venture on Central’s prime location offers residents easy access to the Uptown Farmers Market, Uptown Plaza, and the renowned Restaurant Row on 7th Street. The property is also in close proximity to the Crown Plaza retail development including popular shops and eateries as well as many other dining establishments along the Camelback corridor. Situated in the historic North Central neighborhood, Venture on Central is surrounded by a verdant oasis known for its equestrian history, the Murphy Bridle Path, large irrigated lots, historic homes, and excellent schools. The neighborhood falls within the award-winning Madison School District and is near several prestigious private schools. The tree-lined Central Avenue and the Murphy Bridle Path are listed on both the State and National Register of Historic Places, adding to the area’s charm and historical significance. Venture on Central consists of 16 spacious two-bedroom / two-bathroom units, each with approximately 935 square feet of living space, and assigned covered parking. The mid-century architecture is extremely desirable and attractive and the recent renovation only increases the property’s allure and charm. The units have been beautifully upgraded with new countertops, flooring, fixtures, and finishes. Additional upgrades and amenities include in-unit washer / dryer, dishwasher, refrigerator, oven / stove, built-in microwave, and storage units just to name a few. The attractive location and beautiful interior courtyard and pool contribute to its beauty and high tenant retention rates. Given the scarcity of available properties in this desirable North Central location, Venture on Central stands out as a phenomenal, bitesize investment opportunity with significant potential for appreciation.

FOR SALE DETAILS

PRICE

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# OF UNITS

16

CAP RATE

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% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Venture on Central

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,249 SF

ZONING

R-3

APN/PARCEL ID

161-27-030B

ASK ABOUT THIS PROPERTY

John KlocekABI MultifamilyMore Info
602-344-9258

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John KlocekABI MultifamilyMore Info
602-344-9258

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.