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.