Cushman & Wakefield is pleased to introduce the opportunity to purchase La Reserve on Forty-Fifth - a 301-unit garden-style apartment community built in 1972 with the potential for improved operations and a remaining value-add component with operating expense efficiencies. The property sits on 16.57 acres in what is considered to be an evolving and regentrifying submarket of the Phoenix metro area for renters and commercial establishments alike.
La Reserve on Forty-Fifth offers a good unit mix of one-bedroom (11%), two-bedroom (43%) and three-bedroom (46%) units with an average unit size of 908 square feet. Contact us today to schedule your tour of La Reserve on Forty-Fifth.
Cushman & Wakefield is pleased to present the opportunity to purchase Madera Court, an attractive, garden-style asset built in 1982 and comprised of 561 units located in the bustling Metrocenter area of Phoenix, Arizona. The area boasts nearly 14 million square feet of commercial space featuring a diverse mix of retail, high-tech, office, and educational employers. The impending redevelopment of nearby Metrocenter Mall and the recent opening of the METRO Light Rail Northwest Extension along 19th Avenue are both expected to have a significant postive impact on rent growth in the submarket.
Contact us today to schedule a tour of Madera Court.
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Mission Villas (the "Property"), a ±1.05 acre site with active entitlements to construct 16 new duet-style single family residences in Fremont, California. Situated 1.5 miles from the Fremont BART station and 3.2 miles from Interstate 680, the Property is a rare in-fill development site offering strategic access to the San Francisco Bay Area’s most notable employers.
Mission Villas has Tentative Map approval through May 12, 2019. The Final Map, Improvement Plans and Joint Trench Plans have been drafted but have yet to be submitted to the City of Fremont for its approval. Construction Drawings and Architectural Review are expected to be completed by the selected purchaser of Mission Villas.
The Property provides the rare opportunity to acquire an entitled single family project in the San Francisco Bay Area’s fourth largest city. With immediate access to the region’s world-renowned economy, admission to the highly regarded local public school system and numerous recreational amenities, Mission Villas will provide home buyers the exceptional quality of life standard enjoyed by Fremont residents.