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2627 N 45th Ave
Phoenix, AZ 85035

La Reserve on Forty-Fifth · Multifamily Property For Sale · 301 Units

PROPERTY FACTS

No. Units 301
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 16.56 AC
Building Size 273,288 SF
Average Occupancy 83%
No. Stories 2
Year Built/Renovated 1972/2018
Parking Ratio 1.78/1,000 SF

Unit Amenities

  • Air Conditioning
  • Disposal
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Dining Room

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Playground
  • Pool
  • Property Manager on Site
  • Basketball Court
  • Laundry Service
  • Maintenance on site
  • Online Services

About 2627 N 45th Ave , Phoenix, AZ 85035

Garden-style property built in 1972 and located in an improving submarket. Property offers a unique unit mix of one-bedroom (11%), two-bedroom (43%) and three-bedroom (46%) units. Average unit size is 908 square feet. Operational upside utilizing an interior and exterior renovation plan with the ability to increase effective rents and add value based on projected rent growth and reduction of operating expenses. Beautiful curb appeal accentuates the exceptional community amenities package: three swimming pools, volleyball/basketball court, stand-alone leasing office, three laundry facilities, and two picnic areas. Close proximity to Westgate Entertainment District, University of Phoenix Stadium (home of the Arizona Cardinals NFL team), Gila River Arena (home of the Phoenix Coyotes NHL team), Historic Downtown Glendale, Chase Field (home of the Arizona Diamondbacks MLB team), Talking Stick Resort Arena (home of the Phoenix Suns NBA team), and Maryvale Baseball Park (spring training home of the Milwaukee Brewers).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
103-22-005H
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$769,653

zoning

Zoning Code R-3
R-3
  • Listing ID: 7382666

  • Date on Market: 5/25/2017

  • Last Updated:

  • Address: 2627 N 45th Ave, Phoenix, AZ 85035

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