1724 E Ocotillo Rd
Phoenix, AZ 85016
San Tome Apartments · Multifamily Property For Sale · 28 Units

Ocotillo Point is a 28-unit patio-style living property, consisting of (14) one-bedroom / one-bathroom units and (14) two-bedroom / one-bathroom units. The property is located in Northern Phoenix, just minutes north of the Biltmore District and Uptown Phoenix. Ocotillo Point is in a great location with a multitude of local area amenities including Piestewa Peak Park, Sprouts Farmers Market, the Arizona Canal Trail, the Arizona Biltmore Golf Club, Culinary Dropout, and much more. The property also has easy access to the Valley Metro Light Rail and is conveniently located near the 51 Freeway. Ocotillo Point was built in 1963 and consists of seven (7) fourplexes. Each unit includes an open layout with a breakfast bar, large storage closets, countertops, white shaker cabinets, and stainless-steel appliances. The property hosts two (2) new on-site laundry facilities that conveniently pairs up with smartphones for easy payment. Each unit on the property includes brand new sliding glass doors, windows, private backyard with fenced patios excluding 2 units. The property also features individual water heaters for each unit, all electricity and no gas on the property. Based on the area's redevelopment efforts, Ocotillo Point has attracted a younger, more hip tenant demographic than seen in the past. The central location of Ocotillo Point makes it one of the most accessible communities in 85016 and is the perfect opportunity for an investor to create an ideal living experience in Northern Phoenix.