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Apache Terrace Apartments
1123 East Apache Blvd Tempe, AZ
Submarket: Phoenix - Tempe
Property Details
| Apache Terrace is a 79-unit multifamily asset located in Tempe, Arizona near the heart of the Arizona State University submarket. Built in 1988, this property offers a desirable mix of one bedroom (72%) and two bedroom (27%) units with one three bedroom town home. The average unit size is 742 square feet. The apartment community was constructed in 1988 and made of wood frame and stucco exterior. The three story complex encompasses 3.05 acres and consists of 6 separate buildings. Apache Terrace is well landscaped with mature trees, unique common area features and a charming desert motif. Located just east of the A.S.U. campus on Apache Boulevard, the property has great visibility and easy access. A new owner will be able to add value to the asset through renovation, both inside and outside of the property. Additionally, a new owner will have the unique opportunity to reposition the property as a student housing community and rent units on a "per bed" basis. The property is within walking distance of the ASU main campus, and is accross the street from the new light rail transportation system. |
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Type: Multifamily
Size: 58,628 S.F.
Number of Units: 79
Price: $7,000,000
Price Per Square Foot: $119.40
Year Built: 1988
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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14420 Bloomfield Avenue
14420 Bloomfield Avenue Santa Fe Springs, California
Submarket: Los Angeles - Eastern SGV
Property Details
Investment Offering State-of-the-Art Industrial Facility Ideal Owner-User or Investment Opportunity Transwestern is pleased to announce the offering of 14420 Bloomfield Avenue, a 91,189-square foot state-of-the-art USDA certified food processing facility on 4.42 acres in the city of Santa Fe Springs, Los Angeles County, California. A modern, class A industrial facility constructed in 1998, the property was converted to food processing and cold storage use in 2001 and has been exceedingly well maintained. 14420 Bloomfield Avenue is superbly located to 4 major freeways in one of Southern California’s most established and desirable industrial areas, and also possesses the possibility of ready Rail Spur connectivity. The property shall be delivered vacant. Project Summary: Square Feet 91,189 Office 5,092 SF Warehouse 86,097 SF (Includes warehouse, processing, freezer, cooler, areas) Land Area 4.42 acres (192,419 square feet) Year Built 1998 / Converted into food processing facility in 2001 Occupancy Delivered Vacant Construction Concrete Tiltup Parking 1.49 spaces per 1,000 square feet 134 surface parking spaces (including 5 reserved handicapped spaces) Loading 4 dock high loading doors 2 ground level loading doors
Investment Highlights: - Freeway visible signage
- State-of-the-art equipment, technology, and power capabilities
- Superb highway access: ¼ mi from Santa Ana freeway (Interstate 5) and also near the 105, 605, and 91 Freeways
- Mid-Counties is a strong, established industrial market
- Clean, food grade use – USDA certification
- Rail Spur connectivity: Immediately adjacent to the Union Pacific Railroad track
- Excellent parking ratio
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Type: Industrial
Size: 91,189 S.F.
Number of Units:
Price: $17,000,000
Price Per Square Foot: N/A
Year Built: 1998
Broker Name: Jonathan Larsen
Broker Phone: 213.430.2530
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Emerald at Mesa
1563 South Val Vista Drive Mesa, AZ
Submarket: Phoenix - Mesa
Property Details
This multifamily zoned parcel of vacant land is approximately 7.33 acres, and is located on Val Vista Drive just north of US-60. The site has already acquired approval for potential development of a planned senior living community. The proposed project would include approximately 212 luxurious one and two bedroom residential dwellings, a special care unit, dining areas, and activity rooms.
The construction documents have been drafted and approved and would be included in a sale. The plan calls for the development of individually stylized buildings that come together to create a functional, coherent design with a distinctive identity while at the same time capturing functional appeal specifically catering to senior care.
This property enjoys superb visibility from Val Vista Drive, which has an average traffic volume of more than 36,000 vehicles per day. The subject property is situated directly on US-60, eight miles east of Loop-101, and six miles west of the new Loop-202. The orientation of major freeways in relation to this 7.33 acre site provides the property with direct access routes to the East Valley cities of Mesa, Chandler, and Apache Junction, as well as Central Phoenix, Tempe, and Scottsdale.
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Type: Land
Size: 7.33 Acres
Number of Units:
Price: $7,000,000
Price Per Square Foot: $21.92
Year Built: N/A
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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Verde Plaza Apartments
195 South 7th Street Cottonwood, AZ
Submarket: Other
Property Details
Verde Plaza is a 52-unit multifamily asset located in Yavapai County near the heart of downtown Cottonwood and nearby the tourist destinations of Sedona, Prescott and Flagstaff. The apartment property is situated near Interstate-17 and AZ route-89. The subject property is currently subject to a USDA Rural Development loan.
The current improvement was built in 1983, and as built, the property offers a desirable mix of one bedroom (46%), two bedroom (46%) and three bedroom (8%) units. The average unit size is 769 square feet. The asset is in immediate need of a resurfaced parking lot as well as exterior painting.
The property is located just north of AZ-89 on the east side of 7th Street. Overall, the property’s improvements should be considered a "C" with regard to the quality of the current exterior maintenance and a "C" with respect to the interior condition. |
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Type: Multifamily
Size: 40,000 S.F.
Number of Units: 52
Price: $2,250,000
Price Per Square Foot: $56.25
Year Built: 1983
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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Interstate-17 & Osborn Road
2431 West Osborn Rd Phoenix, AZ
Submarket: Phoenix - Central Phoenix
Property Details
This R-5 multifamily zoned parcel of vacant land is approximately 4.16 gross acres (2.64 net), and is located on Osborn Road and Interstate-17. The property benefits from direct frontage and exposure to I-17. The site has already acquired approval for potential development of a 48-unit town home community. The proposed project would include three story buildings with two or three bedroom units. The approved construction documents have been drafted and would be included in a sale. The plan calls for the development of uniquely stylized buildings that come together in order to create a distinctive identity while at the same time capturing functional appeal. Due to the parcels close proximity to Interstate-17, convenience to nearby job corridors and existing high density multifamily zoning this site is well suited as a multifamily rental community containing 100+ units. The valuable R-5 zoning would allow for up to 43.5 units per gross acre to be constructed. Given the site constraints the likely multifamily project would contain around 110 units, but would support development up to 180 units.
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Type: Land
Size: 4.16 Acres
Number of Units:
Price: $1,350,000
Price Per Square Foot: $7.45
Year Built: N/A
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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28th St & Indian School Rd Land
4141 North 28th Street Phoenix, AZ
Submarket: Phoenix - Central Phoenix
Property Details
| The Subject Property is located on the northwest corner of 28th Street and Indian School Road. This vacant land is one of the most prominent pieces of real estate in the Central Phoenix submarket. This real property investment consists of 4.15 net acres of land (5.03 acres gross) located on the northwest corner of 28th Street and Indian School Road, near the Arcadia neighborhood and the Arizona Biltmore. Given the proximity of the property in relation to major freeways, employment corridors, retail shopping and entertainment districts, the site is ideally suited for the development of a high-density multifamily community or mixed-use project. |
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Type: Land
Size: 4.15 Acres
Number of Units:
Price: $5,900,000
Price Per Square Foot: $32.64
Year Built: N/A
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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Arcadia Grand
4402 East Monte Vista Road Phoenix, AZ
Submarket: Phoenix - 44th St. Corridor
Property Details
| Arcadia Grand is a real property investment consisting of 204 multifamily units that were built in 1973. The 7.04 acre property is also fully entitled for the redevelopment of 331 luxury residential units. |
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Type: Multifamily
Size: 159,732 S.F.
Number of Units:
Price: $10,000,000
Price Per Square Foot: $62.60
Year Built: 1973
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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Maryland Gardens
4529 West Ocotillo Road Glendale, AZ
Submarket: Phoenix - Glendale
Property Details
| Maryland Gardens Apartments are located at 4529 West Ocotillo Road near the heart of Downtown Glendale and the dynamic Loop-101 corridor. The 120-unit apartment complex is one block north of Bethany Home Road and just south of Glendale Avenue. The construction of Maryland Gardens was completed in 1983. The property consists of wood frame with stucco exterior. The two story complex covers 4.08 acres and contains 7 individual buildings. Heating and cooling is individually metered and paid by the resident. Sewer, water and gas services are paid by the landlord. Maryland Gardens represents a "B" quality apartment asset in the Southeast Glendale submarket. The Property is conveniently located with regard to the rapidly developing Deer Valley and Arrowhead Ranch areas to the north along Loop-101. Maryland Gardens presents a new buyer the opportunity to acquire a high-quality "value-add" property that also has significant upside potential through improved property management. Additionally, the property is being offered with below market assumable financing. |
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Type: Multifamily
Size: 88,896 S.F.
Number of Units: 120
Price: $6,700,000
Price Per Square Foot: $75.37
Year Built: 1983
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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The Towers Apartments
5404 Montgomery Blvd Albuquerque, NM
Submarket: Other
Property Details
The Towers is a 155-unit apartment complex situated near the highly desirable Northeast Heights area of Albuquerque at 5404 Montgomery Blvd. The property itself consists of a seven story mid-rise apartment buildings that was originally built in 1975 and has recently undergone a multi-million dollar remodel. The unit mix is made up of studio, one bedroom, two bedroom and three bedroom units and contains five different floor plans.
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Type: Multifamily
Size: 156,509 S.F.
Number of Units:
Price: $14,950,000
Price Per Square Foot: $95.52
Year Built: 1975
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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Sierra Vista Land Portfolio
6.5 Acres & 8.0 Acres Sierra Vista, AZ
Submarket: Other
Property Details
The eight acre site is entitled for 128 apartment units (16 du/gross acre). The site is located on Buffalo Soldier Trail, just South of Fry Blvd in west Sierra Vista. The property is in close proximity to Fort Huachuca to the west, and newer single family residences to the east. The property is currently zoned for multifamily residential and is in a prime location to serve the rapidly growing residential needs within the town of Sierra Vista and the surrounding military base.
The six and a half acre site is entitled for 80 apartment or townhome units (12.3 du/gross acre). The infill site is located at the northeast corner of Tacoma Street and 7th Street in the heart of North Sierra Vista. The property is just north of Fry Blvd, which is the major east-west thoroughfare for the city. Similar to the eight acre site, this property has already acquired approval for the development of a multifamily community.
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Type: Land
Size: 14.50 Acres
Number of Units:
Price: $4,200,000
Price Per Square Foot: N/A
Year Built: N/A
Broker Name: Bobby Bull / Matt Lockin
Broker Phone: 602.954.1249
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