4021 E MORELAND. Street Phoenix, AZ 85008

ONLY FOR SEASONED INVESTORS- 6.6 CAP RATE -Moreland 4 apartments offers an investor the opportunity to acquire a 4 unit (All units are 2BR/1BA), workforce housing apartment community that was built in 1970 and significantly renovated. The property is individually metered, extensively landscaped and has single story units. The recently completed renovation (2020) included exterior and interior paint, windows, roof, electrical and electrical panels, appliances, AC units and ductwork, plumbing, insulation, drywall, backsplash, executive closets. fans. The units also have individual private patios and front security screen doors.
Phoenix Sky Harbor International Airport is approximately 2 miles due south of The
Belleview 8. Camelback Corridor Camelback Corridor and Old Town Scottsdale are short drive away and
the property enjoys being adjacent to the 44th Street Office Corridor. Immediate
neighbors include the proposed QST Data Center Campus which is expected to be 2
million square feet upon completion, as well as Skyway 202 Business Park which is a
proposed 1 million square foot flex and corporate office business park