![]() Palms Villas is conveniently located in the heart of South Scottsdale near the intersection of two major thoroughfares, Scottsdale Rd & McDowell Rd. Palm Villas bulk condominium sale offers fee simple units with low maintenance and professionally managed HOA.The HOA will be completing exterior paint and upgrades during 2017. All 9 units offer single story open floor plans at 840/sf each, consisting of 2 beds & 1.5 baths. The community was built in 1963 of block construction and consists of 106 total residential condominiums. This value add opportunity provides an investor with multiple exit strategies while increasing rents and cash flowing day 1. Palm Villas Bulk Sale Opportunity gives an investor the opportunity to purchase 9 fee simple condominium units in South Scottsdale. The property is settled into a quaint residential neighborhood with close proximity to numerous retail, recreation, and entertainment amenities. NO VIEWING OF PROPERTY WITHOUT AN APPOINTMENT. Included is the Business with all resident contracts, furnishing and fixtures great business and investment opportunity. Stunning backyard with an approximately 100 SF patio, custom rock landscaping, large freestanding open fireplace and a large BBQ area. ![]() It also has a 2 car garage which could be turned into 2 more bedrooms (check with the city of Phoenix). There is a magnificent front entrance with great landscaping of many trees, plants and flowers. The decor is outstanding it has ten private rooms, all with private baths. This modern building has a magnificent large entrance and large entrance hall with a grand Piano. In 2009 the Home was completely demolished and then totally new built for an upscale Assisted Living Home with a capacity of 10 beds. ![]() Subject property is located in a quiet secluded neighborhood in North Phoenix in the highly desirable Royal Palms Neighborhood close to I-17 and SR 51. Secluded Neighborhood in North Phoenix at the highly desirable Royal Palms Neighborhood close to I-17 and SR 51 Big Price Reduction / Turnkey opportunity for this well established Assisted Living Home Facility. LEX on Portland offers everything you want and need! Conveniently located to the well acclaimed schools and academic facilities in the city. Hang out with friends at the outdoor grilling area or in the game room. Relieve some stress at the 24-hour modern fitness center or cool off and enjoy the views in the resort style rooftop swimming pool. Choose from a one or two bedroom urban dwelling and enjoy luxurious finishes and amenities. Want to get away for the day? Catch the Light Rail, located just 3 blocks from our community, and head to Mill Avenue in Tempe where youll discover more restaurants, entertainment venues, shops, boutiques and art studios. Were located on the strip of the largest art walk in the state of Arizona and within walking distance of the Heard Museum for Native American Art and History as well as the Phoenix Art Museum. Art is all around you when you live at LEX on Portland. ![]() Take a walk to various eateries including Carlys Bistro, Scratch, Songbird Coffee & Tea House and many more. When you live at LEX on Portland, youre in the heart of downtown Phoenix, so youll enjoy urban living at its finest. There is an existing 32 Unit complex on the site called Lexington Apartments (see financials labeled Existing 32 Unit Complex). Designed by Humphreys and Partners Architects LEX on Portland is a highly efficient and modern 103 unit Luxury Complex with all the amenities (see financials labeled New Construction Stabilized). LEX on Portland, is a RE-DEVELOPMENT OPPORTUNITY located at the corner of 7th Street and Portland within the Artisan Arts District of downtown Phoenix. ![]()
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