Garden Style Multifamily Community for Sale in Central Pheonix

Crosstown Phoenix East & Crosstown Phoenix West community is comprised of 284 multifamily units located along heavily traveled Camelback Road in Phoenix, Arizona. Crosstown Phoenix East consists of 96 units and was built in 1967. Crosstown Phoenix West consists of 188 units and was built in 1970.

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The property is strategically positioned along the Valley Metro Rail, offering residents and employees exceptional accessibility to the surrounding employment centers of Uptown, Midtown, and Downtown Phoenix, as well as the Biltmore region. This location provides access to a massive employment base, including over 879,000 jobs in the commute shed.

Crosstown Phoenix East & Crosstown Phoenix West are separate entities operated as one community with shared amenities and one leasing office. This presents a strong investment opportunity offering immediate economies of scale through proximity and operational advantages rarely found elsewhere. Key to the investment is that the assets are already partially renovated, with common areas and exteriors completed, allowing new ownership to focus efficiently on operations and further increasing value by improving the interior finishes of the units as well as enhancing some of the community amenities.