Seventh Street Villas Townhomes is a brand new, 18-unit townhome property just off of the Baseline corridor in the popular South Mountain submarket. Situated south of the Salt River, the South Mountain area is anchored by South Mountain Park, which features extensive hiking trails and panoramic views from Dobbins Lookout. In the foothills are the Mystery Castle, a whimsical house with tours, the petite San Francisco Xavier Mission, which was built in 1940, and several golf courses. Shopping plazas run the length of the otherwise residential area, with Phoenix Sky Harbor International Airport just minutes to the north.
Beautiful mountain views are common to most developments in the area and this property is no exception, with the entrance to South Mountain Preserve approximately two miles to the south. The heart of Downtown Phoenix is also just five miles north, giving future residents access to all that downtown has to offer. The South Mountain submarket has long attracted those seeking a more rural atmosphere without sacrificing proximity to city conveniences. With many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes, this property presents an exceptional development opportunity in a prime location.
Seventh Street Villas Townhomes is a phenomenal new build project with well-designed, spacious units. The project consists of (10) 3-bedroom / 2.5-bathroom units (with one-car garages) and (8) 4-bedroom / 3.5-bathroom units (with two-car garages). The two-story units range from 1,552 to 1,776 square feet, plus attached garages. Each unit showcases functional and spacious floor plans, complete with interior laundry rooms, large master bedrooms, and balconies, alongside expansive private backyards. The rarity of three and four-bedroom units with large backyards in the rental market enhances the property's appeal, positioning it as a highly sought-after option that is likely to maintain high occupancy rates.
This opportunity allows investors to engage with a boutique-sized product that exudes charm, features attractive amenities, and boasts excellent floor plans and beautiful architecture which distinguishes the property from the common garden-style developments in the region. Seventh Street Villas Townhomes is poised to be exceptionally attractive to renters commuting to the city for work.