2014 W BERRIDGE LanePhoenix, AZ 85015
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354,339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.
| 2 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $5,400,000 | |
| 8 months ago | Listing first seen on site |
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-30 12:00 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.