Mountain View is a 26-unit garden-style apartment community located in a desirable north/central Phoenix neighborhood. Built in 1983 the property is made of block construction with pitched-composition shingle roofs, and is individually-metered for electricity and has copper plumbing. The unit mix consists of one-bedroom and two-bedroom floor plans that are spacious, well designed and average approximately 692 square feet. Interior unit amenities include fully appointed kitchens with full-size electric appliances, ceramic tile flooring, ceiling fans and mini blinds. The property is situated on approximately 0.65 acres and features low water use desert landscaping and mature shade trees. Community Amenities include a large swimming pool, an on-site laundry facility and secured parking access gates. Over the last year, the North Phoenix submarket average rental rates increased by more than 6.67% to $0.98 PSF, while occupancy increased by 60 basis points respectively. Strategic path of growth positions Mountain View to benefit from accelerating fundamentals across the larger Phoenix metro. Numerous economic forecasts project Phoenix to lead major western markets in employment and population growth through 2017.
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