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Andy Schreck

andy@retsy.com +1(623) 694-1122

$ 4,550,000

Est. payment -/mo

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Active

2016 W Orangewood Avenue Phoenix, AZ 85021

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6911601

Maintenance Fees $9,600

Year Built 2018

Annual Tax Amount $24,774

Tax Year 2025

Lot Dimensions 0.78

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Macallister, a 24-unit apartment community, just north of the Glendale Avenue and 19th Avenue intersection, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.

Developed in 2018, Macallister is comprised of 12 studios (50%), 8 one-bedroom (33%), and 4 two-bedroom (17%) floorplans, offering an average of 700 square feet. All units feature attractive amenities including 9-foot ceilings, balconies/patios (select units), in-suite washer/dryers, stainless steel appliances, and granite countertops.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-5

Interior

Heating Individual

Cooling Individual

Flooring Carpet

Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit

Community Features Pool

Roof Type Tile

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 157-19-140

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange

Listed by Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Madison Traditional Academy

Public | KG - 8
9

All Aboard Charter School

Public | KG - 5
9

Madison Richard Simis School

Public | PK - 4
8

Abraham Lincoln Traditional School

Public | KG - 8
8

Madison Meadows School

Public | 5 - 8
8

Madison Rose Lane School

Public | PK - 5
7

Amerischools Academy - Camelback

Public | KG - 12
6

Bennett Academy

Public | KG - 8
5

Manzanita Elementary School

Public | PK - 6
5

Cactus Wren Elementary School

Public | KG - 6
5

Roadrunner Elementary School

Public | KG - 6
5

Catalina Ventura School

Public | KG - 8
5

Sevilla West School

Public | 4 - 8
5

Sevilla Primary School

Public | KG - 3
5

Granada Primary School

Public | KG - 3
5

Lakeview Elementary School

Public | KG - 6
5

Westwood Primary School

Public | KG - 3
5

Richard E Miller School

Public | KG - 5
5

Royal Palm Middle School

Public | 5 - 8
5

New World Educational Center

Public | KG - 12

Middle Schools 7

5

Palo Verde Middle School

Public | 7 - 8
5

Imagine Cortez Park Middle School

Public | 6 - 8
5

Cholla Middle School

Public | 6 - 8
5

Osborn Middle School

Public | 7 - 8
4

Imagine Camelback Middle School

Public | 6 - 8
0

Westwind Middle School

Public | 6 - 8
0

Brophy College Preparatory

Private | 6 - 12

High Schools 20

8

Sunnyslope High School

Public | 9 - 12
7

Cortez High School

Public | 9 - 12
7

Washington High School

Public | 9 - 12
5

Girls Leadership Academy of Arizona

Public | 9 - 12
4

Alhambra High School

Public | 9 - 12
4

Glenview College Preparatory High School

Public | 9 - 12
4

Pillar Academy Online

Public | 9 - 12
4

Central High School

Public | 9 - 12
2

Kaizen Education Foundation Dba Maya High School

Public | 9 - 12
1

Intelli-School - Metro Center

Public | 9 - 12
1

E-Institute at Metro

Public | 9 - 12
0

Life Skills Center of Arizona

Public | 9 - 12
0

Life Skills Center of Arizona Online Education Academy

Public | 9 - 12
0

West-Mec - Cortez High School

Public | 9 - 12
0

Bourgade Catholic High School

Private | 9 - 12
0

Metrocenter Academy

Public | 10 - 12
0

Cornerstone Charter School

Public | 9 - 12
0

West-Mec - Washington High School

Public | 9 - 12
0

Westwind Preparatory Academy

Public | 9 - 12
0

Valley Lutheran High School

Private | 9 - 12

School and business data provided by Attom Data.

Andy Schreck

Broker Associate | License ID: BR513347000

+1(623) 694-1122

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Andy Schreck

2016 W Orangewood Avenue Phoenix, AZ 85021

Key Details

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Exterior

Building

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NEARBY SCHOOLS & PROPERTIES

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2016 W Orangewood Avenue