2336 N 46th Street

Sale includes 12 units comprised of (3) buildings/parcels located at 2336, 2342 & 2520 N 46th Street. All buildings must be sold together. An additional fourplex is also available for sale. It is located at 11244 N Saguaro Blvd in Fountain Hills (contact listing agent for more info). The Stills sits in an extremely popular part of Phoenix and features mid-century, block construction. The property is fully remodeled with attractive open space and the units are all very large with (9) 2-bed / 2-bath units (very rare for a vintage property) and (3) 1-bed / 1-bath units. The property was completely updated, top-to-bottom. The Stills features completely updated exteriors with beautifully installed landscaping and lighting. Full interior upgrades were completed with new flooring, fixtu ...were completed with new flooring, fixtures, bathrooms, stainless-steel appliances, custom cabinets, and hard surface countertops. Each unit has its own interior washer / dryer. New electrical switches and outlets were added along with new lighting, fans, and thermostats throughout. The finishes are above average and offer a luxury feel to prospective tenants if and when a vacancy occurs. The units lease-up immediately and there are additional value-add opportunities through raising rents over time. Properties like this do not come on the market often! The Stills is a 12-unit apartment community located near the extremely popular Lower Arcadia submarket. The property is located in a beautiful residential neighborhood at the nucleus of the city, less than 5 miles to the Biltmore, Sky Harbor Airport, Downtown Scottsdale, and Tempe. This little strip of mid-century apartments has consistently maintained high occupancy levels due to the increasingly popular architecture and central location. Units in this area rarely are available. The location is as central as it gets and allows residents to enjoy, with ease, so much of what Phoenix, Scottsdale, and Tempe has to offer. The nearest light rail stop is approximately 2 miles away, and there are many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes.