Property Description

Positioned just north of the Glendale Avenue and 57th Avenue intersection in the charming Caitlin Court historic district sitsMyrtle Court (the property), a fully renovated 15-unit multifamily community. The assets proximity and direct exposure toGlendale Avenue provides excellent visibility from one of the primary roadways in Phoenixs West Valley Submarket. Positionedapproximately 3-miles from Glendales Westgate Entertainment District and the Cardinals Statefarm Stadium offeringresidents access to premier entertainment and dining experiences, including NFL Football Games, concerts, and much more. Inaddition, the TSMC Campus, representing Arizonas largest foreign direct investment in the states history, has been a primarycatalyst to the West Valleys boom. TSMCs Campus is expected to total $40B in capital investment, add ±24,000 new jobs and40 new companies relating to the Advanced Manufacturing sector coming to the surrounding area as a direct result of thismonumental project. The West Valley is also home to some of The Valleys top major employment corridors, including, Loop 101West Corridor, South Peoria Corridor, and SW Valley Industrial Corridor, boasting a combined ±148,000 employees and ±3,900businesses.Completed in 1965 and renovated in 2024, Myrtle Court is comprised of 1 one-bedroom unit (7%),13 two-bedroom units (86%),and 1 three-bedroom house (7%), offering an average of ±690 square feet. All unit interiors have been completely renovatedwith new stainless-steel appliances, cabinets, flooring, quartz countertops, hardware and fixtures. In addition, the entirecommunity has been renovated inclusive of smooth stucco, paint, landscaping, community laundry room, windows, electrical,roofs and mini-split HVAC systems.

Property Features