Oasis on Grand 1501 Grand Ave 60 Unité Immeuble d’appartements 10 282 446 $ CAD (171 374 $ CAD/Unité) 6,36% Taux de capitalisation Phoenix, AZ 85007

*This property is also offered for sale as part of the following portfolio:
PHOENIX:
1711 W Bell Rd
1501 Grand Ave
1780 W Missouri Ave
TUCSON:
4098 E 29th St
4141 E 29th St
314 Benson Hwy
1025 E Benson Hwy
5251 S Julian Dr
Keller Williams Arizona Realty is pleased to exclusively offer for sale Oasis on Grand, an Affordable Multifamily community ideally positioned along the revitalized Grand Avenue corridor, minutes from Downtown Phoenix and with immediate access to Interstates 10 and 17. The property benefits from its location within one of Phoenix's fastest-growing urban neighborhoods, surrounded by significant new residential development, major employment centers, Arizona State University's Downtown Campus, and an expanding collection of restaurants, galleries, and entertainment venues.
Built in 1958, the stabilized and updated property consists of 21 studio and 39 one-bedroom apartment homes, along with two ground-floor retail storefronts. One of the retail spaces is occupied by Grand ArtHaus, an artist-run collective that operates as a shared studio and creative co-working space, further enhancing the property's connection to the vibrant Grand Avenue Arts District.
This is an Affordable property with 43 units rent-restricted under LURA with the City of Phoenix.