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Halcyon on Cheery Lynn 1645 E Cheery Lynn Rd 14 Unit Apartment Building $8,785,987 CAD ($627,570 CAD/Unit) Phoenix, AZ 85016
Executive Summary
JLL is pleased to introduce the Halcyon 2-Pack, an 18-unit and 14-unit townhome community located in the prominent Encanto Village neighborhood in Phoenix, Arizona. The Properties feature 100% spacious three-bedroom floor plans, each featuring 2.5 to 3 bathrooms, with an average unit size of 1,708 square feet.
The units feature luxury finishes including quartz kitchen islands and countertops, stainless-steel appliances, wood styled vinyl plank flooring, white shaker cabinetry, private patios/balcony’s, oversized walk-in closets, and in-suite washers and dryers. Additionally, each unit features a two-car direct access garage.
The Halcyon 2-Pack is located within the Encanto Village neighborhood, within proximity to exciting amenities, renowned schools, and adjacent to the Phoenix Children’s hospital. The Halcyon 2-Pack provides a compelling investment opportunity to buy newly delivered Class A townhome assets within a high barrier to entry location.
The Halcyon on Cheery Lynn offers attractive assumable financing at 3.52% due in 5-Years.
The offering may be purchased individually or as a portfolio with Halcyon on 18th (3301 N 18th St, Phoenix, AZ 85016).
The units feature luxury finishes including quartz kitchen islands and countertops, stainless-steel appliances, wood styled vinyl plank flooring, white shaker cabinetry, private patios/balcony’s, oversized walk-in closets, and in-suite washers and dryers. Additionally, each unit features a two-car direct access garage.
The Halcyon 2-Pack is located within the Encanto Village neighborhood, within proximity to exciting amenities, renowned schools, and adjacent to the Phoenix Children’s hospital. The Halcyon 2-Pack provides a compelling investment opportunity to buy newly delivered Class A townhome assets within a high barrier to entry location.
The Halcyon on Cheery Lynn offers attractive assumable financing at 3.52% due in 5-Years.
The offering may be purchased individually or as a portfolio with Halcyon on 18th (3301 N 18th St, Phoenix, AZ 85016).
Property Facts
| Price | $8,785,987 CAD | Building Class | B |
| Price Per Unit | $627,570 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 23,250 SF |
| No. Units | 14 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Property Subtype | Apartment | Parking Ratio | 0.43/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R-3 | ||
| Price | $8,785,987 CAD |
| Price Per Unit | $627,570 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 1.00 AC |
| Building Size | 23,250 SF |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | R-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 8 | - | 1,650 |
| 3+3 | 6 | - | 1,675 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $384,569 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$384,569 CAD
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Halcyon on Cheery Lynn | 1645 E Cheery Lynn Rd
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