Modern Turnkey Community for Sale in North Central Phoenix

Modern turnkey multifamily community for sale at 1609 West Glendale Avenue in in the North Central Phoenix submarket. Urban 148 consists of large two- and three-bedroom floorplans averaging ±1,023 square feet.

Visit our property website to learn more and to request the offering memorandum.

Current ownership spent $7.1M in capital improvements, including $5.1M on interior renovations. Interior upgrades include new vinyl plank flooring, stainless-steel appliances, modern cabinetry, tile backsplash, new countertops, washers and dryers, new bathroom vanities, baseboards, modern light fixtures, new interior doors and smart thermostats, making the property one of the most desirable in the submarket. 

Ownership also spent $1.3M upgrading individual HVACs, installed tankless water heaters and renovated common areas, including the clubhouse, fitness center, playground, dog park and social spaces.

Located near 15th Avenue and Glendale Avenue, Urban 148 is situated in an exceptional infill location, one block from the Valley Metro Rail and five minutes from Phoenix’s premier Uptown neighborhood. Uptown has some of the most sought after single-family real estate due to its coveted mix of historic and luxury homes on large lots. It is also known for its trendy restaurants, farmers markets, boutiques and coffee shops.

Nearby employment corridors such as the Biltmore, Central Avenue Corridor, and Downtown Phoenix are less than a 15 minute commute. Urban 148 offers true affordability with access to the area’s dense employment and enhanced lifestyle.