7201 E. Camelback Rd., Suite 210, Scottsdale, Arizona 85251 Main: (480) 355-2222 www.citytocitycre.com West Glen Townhome Development 44 Preliminary Platted Townhome Units W SWC 7th Ave & Glendale Ave, Phoenix, AZ Property Summary 1/16/18 APN: Size: Zoning: 156-23-051, 057A 3.34 +/- Acres R-3 & R1-6 (City of Phoenix) Use permit to allow for a new development into R1-6 per zoning Ordinance 307-A with associated variances which were approved by City of Phoenix Zoning and Adjustment Hearing 05/2016. Great location in North Central Phoenix. The site is currently approved for 44 townhome units. The development is 2 stories and will be built in 5 separate buildings. Each unit will have 2 car garages. Asking Price: $4,000,000 ($90,909 Per Unit) EXCLUSIVELY AVAILABLE Chris Benjamin 480-968-9894 Office 602-920-1700 Cell cbenjamin@citytocitycre.com Dan Krantz 480-729-6809 Office 586-216-1112 Cell dkrantz@citytocitycre.com
Narrative The property consists of approximately 3.34 +/- acres of land and is preliminary site plan approved for a gated (44) unit 2 story Townhouse project in the City of Phoenix. The project consists of 5 separate 2 story (not 3 story) buildings. Each unit has a standard 2 car garage attached to the individual unit. Each unit is also a separate unit with a clear space between each unit for additional privacy. A majority of the units living areas face internal community open space, both the front load and the rear load units (an added premium when selling)! In some cases front yards, in some cases backyards. The design of the project is unique when compared to other current townhouse projects in this submarket as it contains a well thought out plan with a view corridor when entering through the gates at the north end of the project when looking south. A community pool that is centrally located for the benefit of all owners is also a feature not found in competing projects within this submarket. Also, the site has great visibility and marketing window along Glendale Ave. The site plan is approved based on a preliminary layout including preliminary building elevations and building footprints. This gives an end user the ability to make some modifications that might be contemplated during the final platting and engineering process. Seller will consider giving the end user/developer time to complete the final platting and engineering for reasonable consideration and non-refundable earnest monies. The overall area and submarket are seeing a substantial change in interest throughout all demographics as seen by the tremendous amount of redevelopment that is happening in the immediate area with new restaurants and bars going in at a breakneck pace. The site is also approximately one mile from the light rail for those that elect to commute to jobs in downtown Central Phoenix. This is a unique opportunity in a highly sought after submarket of North Central Phoenix. Don t let this opportunity pass you by as they come along very seldom in this area!
Area Map
Area Map
Retail Map
Restaurants & Bars
Nearby Subdivisions
Elevations at Entrance
Elevations at Community Pool
Preliminary Site Plan
Preliminary Landscape Plan
Preliminary Floor Plans
Preliminary Floor Plans