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Arcadia 24 3622 N 38th St

24 Unit Apartment Building For Sale Phoenix, AZ 85018

Investment Highlights

  • Spacious Luxury Townhomes in the Arcadia Area of Phoenix
  • Private Backyards, Patios & Balconies
  • Attached 2 Car Garages with EV Charger
  • Modern Kitchens with Quartz Counters & Stainless Steel Appliances
  • Individually Metered for Electricity
  • Community Swimming Pool & BBQ

Executive Summary

The Arcadia 24 offering presents a unique opportunity for investors to own a newly constructed 24-unit
townhome community in the North-Central submarket of Phoenix, Arizona, nestled in the shadow of
Camelback Mountain between Old Town Scottsdale to the east and Downtown Phoenix to the west. The
property enjoys a workmanship warranty on all construction work until February of 2026. Each of the impressive units
feature an open floor plan and
include modern finishes.
The kitchens are appointed with
arctic white quartz countertops,
stainless steel appliances and
beautiful custom cabinetry. The upstairs boasts vaulted
ceilings and large picture
windows.
Each bedroom features a
walk-in closet and the
bathrooms include both a
bathtub and shower, as well as
large, double sink quartz
vanities.
Residents appreciate the
convenience of a generous
laundry upstairs featuring a full
size washer and dryer.
Each unit also includes a Ring
doorbell, a half bath downstairs
and a two car garage equipped
with a personal EV charger and
an automatic door opener. Residents enjoy the comfort and
privacy of large front patios,
spacious backyards and scenic
views from the second story
balconies. Residents of Arcadia 24 enjoy
the refreshing community
swimming pool on warm
summer days and appreciate
the relaxing atmosphere under
the poolside ramada while
preparing their favorite meals
on the stainless steel and
lighted bbq.

Property Facts

Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.84 AC
Building Size 200,000 SF
Average Occupancy 92%
No. Stories 2
Year Built 2024
Parking Ratio 0.28/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Yard
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Island Kitchen
  • Linen Closet
  • Patio
  • Porch
  • Vinyl Flooring

Site Amenities

  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2.5 15 $3,235 1,476 - 1,506
3+2.5 9 $3,620 1,551 - 1,589
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
127-24-320
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$250,016
  • Listing ID: 31602733

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 3622 N 38th St, Phoenix, AZ 85018

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