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$1,998,000
7060274 MLS
Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.

2947 N 39th Street, Phoenix

$759,000
7014168 MLS
Fully renovated 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent

3020 E Yale Street, Phoenix

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