Greentree Palms is a 3-unit apartment community located in the highly desirable Uptown area of North/Central Phoenix. Built in 1959, this asset has been extensively renovated and consists of (2) large 2 bedroom, 1 bath units and (1) 1 bedroom, 1 bath unit. Currently the two bedroom units rent for $1,750 and $2,100 and the one bedroom unit rents for $1,550. The The Uptown Phoenix Submarket features a high-income demographic that sits near one of Phoenix's major employment corridors along Central Avenue. The prime location of this asset presents a unique opportunity for an investor to live in one unit and rent out the others, operate as short term rental, or continue to operate as long term rentals.
Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: RETSY.
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