1701 E Cambridge Ave., Phoenix, AZ 85000

This fantastic East Phoenix location is close to the Arizona Heart Institute and the Phoenix Children’s Hospital. The property is ideally situated between two major employment corridors - the Midtown Office Corridor to the west and the Camelback Corridor to the north. The single story community was constructed in 1986 of block construction with a stucco exterior. The property is individually metered with roof mounted HVAC’s. The community has a garden-style layout with a grass courtyard and long shaded balconies outside each unit. In addition, the community offers tenants laundry facilities and covered parking. The property is currently 92% occupied with below market rents. There is upside in the rents of $25-50 via minor upgrades to the units.Please see document tab for financials.