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3802 N 28th St
Phoenix, AZ 85016
Camelback Courtyard · Multifamily Property For Sale
·
72 Units
Investment Highlights
- Desirable Biltmore/Arcadia Location with High Barriers to Entry
- 20-Years of Continuous Ownership
- Prominent Rent to Own Discount Fuels Increased Demand in the Surrounding Area
- Value-Add Potential Through Interior Renovations
- ~80% Two and ~20%Three-Bedroom Floor Plans that Average 912 Square Feet
Executive Summary
JLL is pleased to introduce The Phoenix 6, a six-property, 393-unit, multifamily portfolio strategically positioned across three of Phoenix’s most coveted submarkets — the Papago Park corridor, the Biltmore/Arcadia district, and Midtown Phoenix with an average of 16+ Years of Continuous Ownership. The Portfolio is comprised of five distinct offerings: Papago Gardens and The Villas at Papago, a two-property assemblage situated on contiguous parcels along the North 48th Street corridor; Santorini Villas, also along the 48th Street corridor; Camelback Courtyard and Cactus Canyon within the prestigious Biltmore and Arcadia neighborhoods; and Partenza on Highland, situated in the heart of Uptown Phoenix. The Portfolio consists of nearly 80% two-bedroom floor plans and additionally offers studios, one-, two-, and three-bedroom floor plans, providing broad renter demographic appeal and diversification across asset types and locations.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 72 | Lot Size | 1.44 AC |
| Property Type | Multifamily | Building Size | 65,390 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1969 |
| Zoning | R-4, Mesa | ||
| Sale Type | Investment |
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 65,390 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Zoning | R-4, Mesa |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Yard
- Patio
Site Amenities
- Controlled Access
- Laundry Facilities
- Playground
- Pool
- Tenant Controlled HVAC
- Gated
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 600 |
| 2+1.5 | 57 | - | 880 |
| 3+2 | 14 | - | 1,045 |
Property Taxes
| Parcel Number | 119-03-287 | Improvements Assessment | $0 CAD |
| Land Assessment | $61 CAD | Total Assessment | $61 CAD |
Property Taxes
Parcel Number
119-03-287
Land Assessment
$61 CAD
Improvements Assessment
$0 CAD
Total Assessment
$61 CAD
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