Magnificent purchase opportunity for an owner user or investor in the Biltmore area of Phoenix. The Brookview Condominiums is a 41 unit condominium complex ideally located within mere minutes of the 51, 101, 202, 10 & 17 freeways. This two story courtyard style building is less than a mile from the famed Arizona Biltmore, Ritz Carlton, and hundreds of restaurants, movie theaters, bars and other businesses. Downtown Scottsdale, Metropolitan Phoenix and ASU are a breezy 15 minute commute. This loft offering encompasses the sale and purchase of two combined individual units (216 + 117) which provides for a wonderful and modern urban home. Consisting of approximately 900 combined square feet this loft is sure to impress. Hardwood floors, granite kitchen and slate master bathroom complete with modern fixtures are just some of the many many features this loft has to offer. The up / down living and private master retreat space creates an essentially stand-alone residence. A private backyard with polished concrete is the perfect retreat for outdoor dining / barbecue or the essential space needed for pet owners. The sparkling community pool is just steps. The Brookview Condominiums are a self-managed and debt free community with unparalleled monthly HOA fees that total only $97.93 a month per unit. This loft unit has been a furnished executive rental consistently for 3+ years. This is one of only two loft units in the Brookview complex; and they are always rented quickly when offered. This is a high percentage yield, headache free investment or vacation property for any out of state or international owner or investor. The units can always be reconverted to two (2) stand-alone studios’ or 1brs’ and sold / rented separately. This provides a rare and flexible option to the new owners as real estate prices continue to rise. Speaking of appreciation, the 85014 zip code is predicted to gain over 13.5% in value over the next year alone making this Biltmore corridor area one of the best investments in the entire valley. The Brookview complex is extremely well run with many major improvements having been completed over the past few years. Additional improvements including exterior painting, laundry room and pool remodels are slated for the near future which will only increase property values. All improvements to date have been made without a single special assessment. Some units in the building have been updated to the absolute highest caliber by savvy and intelligent owners / investors. Purchase this loft today…it will not last long.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
