Financing Amount:
$3,728,000
Purpose:
Acquisition
Location:
PHOENIX, AZ
Capital Source:
Bank
Transaction Details:

Retro on 32nd Street is a 62-unit, garden-style, multifamily property located in the “Arcadia Lite” submarket of Phoenix, Arizona. Originally built in 1968 and comprised of block construction, the property was given a complete exterior rebrand in 2017, with new paint, landscaping and signage.  The master-metered property is comprised of thirty-two studios, twenty-eight 1bed/1bath units and two 2bed/1bath units.

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