3) We will run a credit report and we require good credit. 2) Gross combined household income should be a minimum of 3x the rent.
LEASING REQUIREMENTS: 1) All adults (18 or older) who will reside in the home must submit an online application with copy of their ID and proof of income (if any). * Gardening provided by homeowners association. * Tenant is responsible for all utility services. * Subject to HOA and owner breed restrictions, small/midsized dog may be considered with exceptional financials & credit and pet deposit. OTHER DETAILS: * Available late June 2022 * Minimum of one year lease required. * Close to award winning schools, shopping, entertainment, Lower Peters Canyon Park and major freeways and toll roads. * Community pool, spa, playgrounds clubhouses and immaculately manicured landscaping. * Laundry hookups in garage (current washer & dryer included as-is). * Spacious, attached two (2) car attached garage with automatic garage door opener. * Nice sized back patio with brick pavers and planter beds. * Central air conditioning and energy efficient, dual pane windows. Two additional bedrooms up are ample size with plenty of closet space. * Upstairs master suite features a large bathroom with walk in closet, dual vanity, and shower/tub combo. * Spacious, open dining area off kitchen & living room with decorative chandelier. * Large living room with gorgeous hardwood laminate flooring and updated lighting. AMENITIES INCLUDE: * Light, bright, open kitchen with white wood cabinetry, tile counter tops, matching white appliances (refrigerator included as-is), lots of storage, recessed lighting and hardwood floors. Tenants also enjoy proximity to the retail and lifestyle amenities of Midtown and Uptown Phoenix.įounded in 2017, SB Real Estate Partners is a multifamily investment firm committed to acquiring and asset managing value-add apartment projects throughout the Western United States.3 Night Bloom Available 06/18/22 Well maintained, detached 3 bedroom, 2.5 bath Mericort Northwood detached townhouse - Well maintained, detached 3 bedroom, 2.5 bath townhouse in the Mericort Northwood community. Located at the border of the Biltmore and Camelback East areas of Phoenix, the property provides its tenants with immediate access to the SR-51 and Camelback employment corridors. Property amenities include a community swimming pool, secure gated access throughout the property, along with a tennis and basketball court area. The property’s unit mix consists of one-bedroom floor plans averaging 700 square feet as well as unique two-bedroom loft plans which average 1,100 square feet.
SBREP is planning a $2 million capital improvement program to enhance the property exterior / curb appeal, common area amenities and unit interiors.
These factors collectively continue to drive very favorable supply/demand dynamics for multifamily investors.”īuilt in 1973 and located at 2323 East Flower Street, the property will be rebranded as Portola Biltmore. Employers continue to be drawn in by the deep labor pool and the city’s pro-business environment, along with net in-migration resulting from the relatively affordable cost of living. “We continue to remain bullish towards the Phoenix apartment market on an intermediate to longer-term basis given the diverse and high-quality employment growth throughout the metro. “Our aggressive investment approach in the Phoenix MSA continues to be fueled by the market’s robust multifamily fundamentals,” said SBREP Founder & Managing Principal, Srijin Bandyopadhyay. The firm has two properties – equating to approximately $150 million of purchase price – under contract and set to close in April. While recently selling two of its Phoenix properties for nearly $100 million, SBREP remains an active buyer within the Phoenix apartment market. Irvine, CA – SB Real Estate Partners (“SBREP”) has acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix AZ for $34.2 million.
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