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Camelback Gardens 2101 W Colter St

26 Unit Block of Flats £4,290,600 (£165,023/Unit) Phoenix, AZ 85015

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INVESTMENT HIGHLIGHTS

Neighborhood Pride of Ownership Community, Built in 1983 and Fully Renovated in 2019
Full Interior Modern Upgrades; Shaker Cabinets, Granite Counters, Stainless Steel Appliances, Modern Flooring, Faucets, Fixtures
Townhomes have Dedicated Laundry Room w/ Full size side-by-side Washer/Dryers, Single Story 2/2's have in-unit stackable washer/dryers

All Large 2 Floorplans; 16 are 2/1.5 Townhomes at 1,225 SF and 10 are single story 2/2's at 1,118 SF
Full Exterior Upgrades; New Landscaping, Paint & Trim, Security Gate, Parking Reseal/Stripe, Modern Fencing, Resurfaced Pool Plaster/Equipment
5 Minute Commute to the Central Corridor and 10 Minute Commute to Camelback Corridor - High Employment Corridors

EXECUTIVE SUMMARY

Camelback Gardens shows tremendous pride of ownership and great curb appeal on the corner of Colter Street and 21st Avenue. The community grounds have attractive mature landscaping with grass frontage and grass courtyards providing a peaceful parklike setting for residents. Residents also enjoy the large pool deck and pool surrounded by a modern iron mesh pool fence with ivy intertwined.
Camelback Gardens represents the ideal mid-size apartment community that checks all the boxes for a property owner. Those include the following:
• Neighborhood Pride of Ownership Community
• All Large 2 Bedroom Unit Mix
• Mix of single story 2/2’s and 2/1.5 Townhomes
• Modern Upgraded Units
• Washer & Dryer in Each Unit
• Large Private Patios & Storage in Each Unit
• Grass Courtyard & Attractive Pool Courtyard
• Gated Security Access and Covered Parking
• 1983 Built / 2019 Renovated
• Block Construction w/ Individual Meters, HVAC’s, & Water Heaters
• Walking Distance to Light Rail Station
• Minutes from Central and Camelback Corridor
• Near Grand Canyon University
• No Comparable Properties in the Submarket as Competition
• Condo-Mapped with Individual Parcels and the Upside of Individual Sales

Camelback Gardens OM

PROPERTY FACTS

Price	£4,290,600	Lot Size	1.50 AC
Price Per Unit	£165,023	Building Size	30,673 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	26	Number of Floors	2
Property Type	Multifamily	Year Built/Renovated	1983/2019
Property Subtype	Apartment	Parking Ratio	1.17/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£4,290,600
Price Per Unit	£165,023
Sale Type	Investment
No. Units	26
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	1.50 AC
Building Size	30,673 SF
Average Occupancy	100%
Number of Floors	2
Year Built/Renovated	1983/2019
Parking Ratio	1.17/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.