302 W Medlock Dr., Phoenix, AZ 85013

Rosecrest is a 15 unit garden-style community comprised of 3 buildings and constructed of block. With mature landscaping, pitched roofs and ample parking, this property attracts midtown urbanites making it easy to rent- proven through it's high occupancy. There is excellent potential for cash flow with this property, and solid rent growth. This single level apartment has 9,459 of rentable square feet, and occupies a half acre of land, allowing for further potential. Rosecrest is individually metered for electricity and gas, and the property pays for water, sewer, and trash. Located on Medlock Drive, a beautiful and quiet street, just north of Camelback Road and West of Central Avenue in Phoenix. The community is situated less then one-half mile from Camelback Village Square and just steps from the new metro Light-Rail system. The property is centrally located between the I-10, I-17, and SR-51 freeways allowing tenants easy access to all major highway systems in the Phoenix MSA. Residents of Rosecrest benefit from the wealth of nearby employment and recreation, including Biltmore Fashion Park, as well as numerous new developments currently in planning and construction phases.