Step into a premier multifamily investment in the fast-growing city of Avondale, Arizona. This 13-unit complex has undergone nearly $1,000,000 in renovations, offering a rare blend of stability, modern upgrades, and location-driven upside. 📍 Property Highlights: 13 Total Units: Fully occupied with strong in-place income Major Capital Improvements: Nearly $1M in renovations including interiors, exteriors, systems, and finishes Dishwashers in Every Unit: A standout amenity that enhances rental appeal Stabilized and Turnkey: Minimal deferred maintenance with all units leased Strategic West Valley Location: Minutes from I-10, top employers, shopping, and entertainment High Rental Demand: Avondale continues to experience rapid population and economic growth Investor-Friendly Market: Surrounded by infrastructure projects and booming development Buyer to Verify All Facts and Figures During Due Diligence Avondale, Arizona, is a rapidly expanding city in the Phoenix metropolitan area, offering strategic advantages for businesses and residents alike. =Population Growth & Demographics Avondale's population reached 96,196 in 2025, reflecting a 7.4% increase since 2020 and an annual growth rate of 1.4%. Projections estimate the population will grow to approximately 97,555 by the end of 2027This growth is fueled by the city's family-friendly environment, with 27.4% of residents under 18 years of age. =Transportation & Freeway Access Avondale boasts excellent connectivity through major transportation route: - Interstate 10 (I-10) This major east-west corridor runs through Avondale, linking it to downtown Phoenix and other key areas - Loop 101 (Agua Fria Freeway) Intersecting with I-10 near Avondale, it provides access to northern Phoenix - State Route 30 (Tres Rios Freeway)** A planned freeway aimed at alleviating I-10 congestion, with construction of the central segment expected to begin soon Recent infrastructure improvements, such as the Fairway Drive interchange, have enhanced local traffic flow and accessibility â Major Employers & Economic Landscape Avondale's economy is diverse, with key sectors including: - Education & Health Services: Employing 19.9% of the workforce, with institutions like Estrella Mountain Community College playing a significant role. - Retail Trade: Accounting for 13.9% of employment, supported by various local and national retailers. - Professional & Administrative Services: Comprising 10.9% of jobs, reflecting a growing business services. Notable employers include the City of Avondale, Stotz Equipment, and Starbucks.  Business & Lifestyle Advantages Avondale offers a pro-business environment with benefits such as: - Strategic Location: Proximity to major freeways facilitates commerce and commuting. - Skilled Workforce: Access to a growing labor pool within the Greater Phoenix area. - Quality of Life: A family-oriented community with amenities and services that support a high standard of living. These factors make Avondale an attractive destination for businesses and families seeking growth opportunities in the Southwest.

Listing courtesy of Gerchick Real Estate.



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Last checked: 2025-05-03 11:44 AM UTC