Project Description

THE FRANCISCAN, PHOENIX

The Franciscan is an attractive 16-unit single story garden-style apartment community located in a dynamic central Phoenix neighborhood. Built in 1969, the property is situated on approximately 1.17 acres and is attractively landscaped with lush turf and mature shrubs creating a park-like setting including a large sparkling swimming pool. The unit mix consists of predominantly two-bedroom, two-bathroom floor plans that are spacious and well designed.

3rd Ave achieved rental premiums up to $150 by installing wood vinyl flooring, new hardware and stackable washer/dryers. Interior unit features include individual washers and dryers in select units, fully appointed kitchens with electric appliances and oak cabinetry, wood vinyl flooring in select units, ceramic tile shower surrounds, ceiling fans, linen closets, private back patios, and individual private storage units.

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DETAILS

ADDRESS

2012 W. Orangewood
Phoenix, AZ 85021

ACQUISITION DATE

August 2015

SIZE

16 Apartments

STATUS

SOLD