Introducing Signature 18, a gated community in the heart of Phoenix, offering a 6.23% proforma cap rate and projected NOI of $300,000. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.
From I-17, exit at Bethany Home Rd and head east. Turn south on 21st Ave, then east on Berridge Ln. Property is on the north side of the street.
Dwelling Type: Multiple Dwellings
Subdivision: PARK MARYLAND AMD
Year Built: 1961, County: N/A
From I-17, exit at Bethany Home Rd and head east. Turn south on 21st Ave, then east on Berridge Ln. Property is on the north side of the street.
Listing is courtesy of HomeSmart