The renovated Woodland Avenue Fourplex is an amazing historic apartment
opportunity located in the very popular and active Downtown Phoenix
area. The property is located just southwest of 7th Avenue and Van
Buren, just off of the growing Grand Avenue Arts District. It is minutes to
the nearest light rail station, less than a mile to the Phoenix Stadium
District, a short bike ride/walk to the ASU Downtown Phoenix campus,
and is a short walk to popular hot spots such as The Van Buren and
Crescent Ballroom. This location is as central as it gets, with many
dining, shopping, and entertainment options, as well as multiple
freeway access points within minutes. The Woodland Avenue Fourplex offers a solid investment with a good return on actual numbers with a long history of strong performance. It consists of (2) 1-bed / 1-bath units and (2) 2-bed / 1-bath units with the opportunity for 30-year fixed-rate residential financing if desired. All the units maintain the beautiful historic charm and character that tenants come to expect and want in this part of Downtown Phoenix. The units are all individually metered for electricity. Given the charm and location
of these units, they have historically had very little vacancy. This is a rare bite-sized investment opportunity in an amazing downtown location. Adjacent duplex at 146 - 148 North 10th Avenue also available for sale.