• Price $6,400,000
  • Built1967
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2929 N 38th Street , Phoenix

The Tides at 38th is a 45-unit, garden-style apartment communitylocated in the strong East Phoenix rental submarket of Arcadia Lite. Thecommunity was constructed in 1967 using masonry block and fullyrepositioned in 2019. The property consists of (44) one-bed / one-bathand (1) two-bed / one-bath unit types. The property has been fullyrenovated with modern interiors which feature new shaker cabinets anda stainless-steel appliance package which includes a refrigerator,dishwasher, microwave, and gas range. Select units enjoy theconvenience of an in-suite washer and dryer and value-add for theproperty is available through the addition of washers and dryers to theremaining units. The property is on a chiller system for heating and cooling, a boiler for domestic hot water, and is master-metered for electricity and water. The Tides at 38th is located on 38th Street, just north of Thomas Road and south of the prestigious "Camelback Corridor", an area known for its major employers, schools, shopping, and fine dining close to the Arizona Biltmore Resort. The Desert Palms Power Center is within walking distance from the property, giving residents a convenient place to shop and work. The immediate neighborhood has also experienced a surge in new condo, townhouse, and single-family development over the past five years. The property is a short commute to downtown Phoenix and Sky Harbor International Airport and has accessibility to Downtown Scottsdale and Downtown Tempe in 20 minutes or less.

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Essential Information

  • MLS® #6051587
  • Price$6,400,000
  • Taxes$16,766
  • Year Built1967
  • TypeMulti-Family
  • Sub-Type25 - 50 Units
  • StatusActive

Amenities

  • AmenitiesPool(s)
  • Garage Spaces46
  • Parking>1 Space Per Unit

Exterior

  • RoofComp Shingle, Other (See Remarks), Shake
  • ConstructionBlock

Additional Information

  • ZoningR-4

Community Information

  • Address2929 N 38th Street
  • SubdivisionCITRUS ACRES LOTS 21-60
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85018

Interior

  • AppliancesRefrigerator, F/S Oven/Range, Dishwasher, Disposal, Microwave
  • HeatingOther (See Remarks)
  • CoolingOther (See Remarks)

School Information

  • District014 - Creighton Elementary District

Listing Details

  • Listing OfficeAbi Multifamily

Property Location

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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than eXp Realty. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 9th, 2020 at 8:03am AKDT.

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