2929 N 38th Street, Phoenix

$6,400,000

0 Beds
0 Baths
0 Acres
0 Garages

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.

Essential Information
MLS® #6051587
Price$6,400,000
Year Built1967
TypeMulti-Family
Sub-Type25 - 50 Units
StatusActive
Community Information
Address2929 N 38th Street
SubdivisionCITRUS ACRES LOTS 21-60
CityPhoenix
CountyMaricopa
StateAZ
Zip Code85018
Amenities
AmenitiesPool(s)
Parking Spaces46
Parking>1 Space Per Unit
Interior
HeatingOther (See Remarks)
CoolingOther (See Remarks)
Appliances

Refrigerator, F/S Oven/Range, Dishwasher, Disposal, Microwave

Exterior
Lot Descriptionunknown
ConstructionBlock
Roof

Comp Shingle, Other (See Remarks), Shake

District

014 - Creighton Elementary District

Additional Information
ZoningR-4
Listing Details
OfficeABI Multifamily
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Listing information last updated on May 29th, 2020 at 4:03pm MST.