Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor...

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Investment Property Offering A 71 Unit Apartment Complex Located in Phoenix, Arizona Casa Del Sol Apartments 6805 North 27th Avenue Phoenix, AZ Bill Hahn Senior Vice President 602 222 5105 – Direct 602 418 9578– Mobile [email protected] Jeffrey Sherman Senior Associate 602 222 5109 – Direct 602 694 1127 – Mobile [email protected] Trevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile [email protected]

Transcript of Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor...

Page 1: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

Investment Property Offering

A 71 Unit Apartment Complex Located in Phoenix, Arizona

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

Bill Hahn Senior Vice President 602 222 5105 – Direct 602 418 9578– [email protected]

Jeffrey Sherman Senior Associate 602 222 5109 – Direct602 694 1127 – [email protected]

Trevor Koskovich Senior Associate602 222 5145 – Direct480 227 7420 - [email protected]

Page 2: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

www.colliers.com/phoenix

Table of Contents I Executive Summary 1

II Financial Summary 3

III Comparables Rent 5 Sales 8

IV Property Photos 11

V Location Maps Aerial Far 12 Aerial Close 13 Parcel Map 14 VI Appendix Legal Disclaimer

Page 3: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

Location 6805 North 27th Avenue Phoenix, Arizona 85017

List Price $1,360,000

Price Per Unit $19,155

Price Per Square Foot $30.40

Total Units 71

Building Square Footage 44,730

Number of Buildings 4

Land Acres 1.67

Executive Summary

EXECUTIVE SUMMARY | COLLIERS INTERNATIONAL | 1

Cross Street 27th Ave. & Glendale Ave. Market Phoenix

Sub Market I-17 Corridor

Year Built 1985

Building Class C

Location Class C

HVAC Individual

Tax Parcel Number 156-01-046, -051

Foundation Type Concrete Slab

Number of Stories 2.5

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

Page 4: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

EXECUTIVE SUMMARY | COLLIERS INTERNATIONAL | 2

Executive Summary

AREA DESCRIPTION

Casa Del Sol Apartments is located immediately south of the intersection of 27th Avenue and Glendale Avenue, in Phoenix, Arizona. The apartment community enjoys excellent frontage on the east side of 27th avenue, a major north-south thoroughfare. Approximately one-quarter mile to the east is the entrance to Interstate 17, which provides quick accessibility to any location in the Phoenix metropolitan area.

The area immediately surrounding Casa Del Sol is a working-class neighborhood, containing a variety of schools, multifamily and single-family residential properties, and retail centers. Several neighborhood shopping centers, parks, churches, and public facilities are located within one mile of the property. Metrocenter, a large enclosed shopping mall, is two miles north of the property. The Interstate 17 corridor to the north is a significant source of employment, with numerous office and industrial complexes located on both sides of the highway.

PROPERTY DESCRIPTION

Casa Del Sol is a three story community built in 1984 with the first floor partially below grade. There are 71 rental units of which all are two bedroom / one bathroom units of approximately 630 square feet each. The building is constructed of stucco over frame with a flat foam roof.

The property has had significant recent repairs and upgrades. This renovation included a new foam roof, new exterior and some interior paint, plus new flooring in selected units. Approximately 30 HVAC units were replaced, and the balance were serviced to ensure good working order.

Amenities include a coin-operated laundry room. The property is individually metered for electricity, and all appliances are electric. The property owner is responsible for the cost of water, sewer, and trash pickup, and the residents are responsible for the cost of electricity in their unit including the cost of heating and air conditioning. There are 103 open parking spaces provided on site creating a parking ratio of 1.45 parking per unit.

Casa Del Sol Apartments is constructed on two rectangular parcels of approximately 1.67 acres in total, creating a density of 42.57 units per acre.

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

Page 5: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

Projected Financial Summary

FINANCIAL SUMMARY | COLLIERS INTERNATIONAL | 4

Year Built 1985

Total Units Total Square Feet71 44,730

Units Type Sq. Ft. Actual RentEstimated Current

71 2BD/1BA 630 $500 35,500$

Monthly Scheduled Gross Rent 35,500$

Annual Scheduled Gross Rent 426,000$ Stabilized Physical Vacancy (9 Units) 12.0% (51,120)$ StabilizedEconomic Vacancy* 8.0% (34,080)$

Total Vacancy 20.0% (85,200)$ Net Rental Income 340,800$

Estimated Other Income *Estimated at $10/month/occupied unit 7,498$

Gross Operating Income 348,298$

OPERATING EXPENSESProperty Taxes *Actual 2009 Taxes 28,129$ Insurance *Estimated At $175/unit 12,425$ Maintenance & Repairs *Estimated At $700/unit 49,700$ Electricity *Estimated At $150/unit 10,650$ Sewer and Water *Estimated At $300/unit 21,300$ Trash *Estimated At $100/unit 7,100$ Payroll *Estimated At $700/unit 49,700$ Management Fee *Estimated To be 4% of Collected Rent 13,632$ Administrative Expenses *Estimated At $115/unit 8,165$ Capital Reserve *Estimated At $250/unit 17,750$ Total Operating Expenses 218,551$

Operating Cost Per Unit 3,078$ Operating Cost Per Sq Ft 4.89$

Net Operating Income 129,746$

Note: The income and expenses represented herein are estimates of what the property may produce when stabilized. Represented rent is current market rent. Current vacancy, as of April

20, 2010 is approximately 37%. Represented expenses are based on industry averages.

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

Page 6: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

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Page 7: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

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118t

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64th

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McDowell Rd

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Lower Buckeye Rd

Elliot Rd

RainbowValley Rd

Tuth

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Narramore Rd

Ray Rd

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171s

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203r

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Skyline Dr

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Indian Route 60

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Jomax Rd

Happy Valley Rd

Deer Valley Rd

136t

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Lone Mountain Rd

144t

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160t

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168t

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174t

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152n

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128t

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Wickenburg Hwy

Grand Ave

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Buckeye Rd

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Patterson Rd

EaglesNest CC

Palm ValleyGolf Club

WildlifeWorld Zoo

WigwamCC

Club WestGolf Club

FoothillsGolf Club

Harrahs/Gila R iverCasinos

Arizona Biltmo reCountry Club

San Ma rcosCC

Mccormick RanchGolf Club

Happy TrailsGolf Resort

ArrowheadRanch CC

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Tatum RanchGolf Club

Gainey RanchGolf Club

TournamentPlayers Club

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Fountain HillsGolf Club

Troon NorthGolf Club

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Tonto VerdeGolf Club

Gold Can yonGolf Club

Deer ValleyGC

StardustGC

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Echo MesaGC

Hillc restGC

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The VistasGC

WestbrookVillage GC

Willowbrook andWillowcreek GC Union Hills

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Co yoteLa kes GC

PebblebrookGC

RiverviewGC

PalmbrookCC

PeoriaStadium

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Phoenix CommunityCollege

Grand Can yonCollege

Phoenix JuniorCollege

Phoenix JuniorCollege

Mesa CommunityCollege

Arizona StateUniversity

ScottsdaleCommunityCollege

Glendale CommunityCollege

SouthwesternCollege

Phoenix-Deer ValleyMunicipal Airport

ScottsdaleAirport

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Phoenix Sky HarborInt'l Airport

Phx -MesaGateway

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DesertHills

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Ca refree

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COMPARABLES | COLLIERS INTERNATIONAL | 6

Rent Comparable Map

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5

1. Subject PropertyCasa Del Sol6805 North 27th Avenue | Phoenix, AZ

2Winding Creek2501 W. Ocotillo Road | Phoenix , AZ

3Highland Park 7232 N. 27th Avenue | Phoenix, AZ

4Palm Aire6241 N. 27th Avenue | Phoenix, AZ

5Desert Place6131 N. 27th Avenue | Phoenix, AZ

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

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MARKET SYNOPSIS | COLLIERS INTERNATIONAL | 7

Subject Property Comparison

Unit Mix Total Units S.F. Monthly Rent

MonthlyRent / S.F.

AdjustedMonthly

Rent

Adjusted Rent / S.F.

2 Bed, 1 Bath 71 630 500$ 0.79$ 500$ 0.79$ Totals/Averages 71 630 500$ 0.79$ 500$ 0.79$

Comparables Property SummaryUnit Mix Total Units S.F. Monthly

RentMonthly

Rent / S.F.AdjustedMonthly

Rent

Adjusted Rent / S.F.

Studio 56 438 450$ 1.03$ 413$ 0.94$ 1 Bed, 1 Bath 255 654 515$ 0.79$ 478$ 0.73$ 2 Bed, 1 Bath 82 767 604$ 0.79$ 591$ 0.77$ 2 Bed, 2 Bath 177 870 632$ 0.73$ 583$ 0.67$ Totals/Averages 570 682 550$ 0.83$ 516$ 0.78$

NOTE:“Adjusted Monthly Rent” is the effective rent received by the property owner after adjusting for any rental concessions, on an assumed one-year lease. By way of example, if the quoted market rent is $600 per month, and one month free with a twelve-month lease, the Adjusted Monthly Rent is $550 ( ($600 X 11) / 12)

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

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COMPARABLES | COLLIERS INTERNATIONAL | 8

Sales Comparables

PropertyLocation

YearBuilt

#Units Unit Mix

SalesPrice

Price/Unit Price/SF

Close of Escrow

PropertyPhotograph

Hillcrest Arms 1983 27 2 Studio 550,000$ $20,370 $30.99 6/5/20091908 N 32nd St 23 1BD/1BAPhoenix, AZ 85008 2 2BD/1BA

Regency Apartments 1985 36 8 1BD/1BA 800,000$ $22,222 $29.29 6/12/20094308 N Longview Ave 28 2BD/1BAPhoenix, AZ 85014

Hatcher Square 1984 22 22 2BD/1BA 550,000$ $25,000 $36.50 7/1/20099430 N. 11th Ave.Phoenix, AZ 85021

Poco Jardin 1983 77 31 1BD/1BA 1,800,000$ $23,377 $33.89 8/28/20094120 W. Osborn Rd. 46 2BD/1&2BAPhoenix, AZ 85019

Casa Blanca 1985 21 11 1BD/1BA 550,000$ $26,190 $41.72 1/21/20103131 N Black Canyon Hwy 10 2BD/1BAPhoenix, AZ 85015

Horizons 1985 51 51 2BD/2BA 950,000$ $18,627 $19.61 4/19/20101510 N. 48th St. Phoenix, AZ 85008

AVERAGES 1984 39 866,667$ 22,631$ 32.00$

Sales ComparablesSales Comparables

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

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COMPARABLES | COLLIERS INTERNATIONAL | 10

Sales Comparables Map

21

4

Moon ValleyCountry Club

North/SouthGC

Quail RunGC Scottsdale Country Club

Sun CityCC

CountryMeadows GC

StateCapitol

AmericaWest Arena

Tempe DiabloStadium

Salt R iver Pima-MaricopaIndian Rese rvation

Fort McD owellMohave-Apache

Indian Rese rvation

Gila R iverIndian Rese rvation

Lost DutchmanState Park

Est rella MountainRegional Park

Phoenix South Mountain Park

TontoNat'l

Forest

McD owellMountain

Park

ThunderbirdPark

White TankMountain

Regional Park

LakePleasant

BartlettReservoir

Agua

Fria R

iver

Verde Rive

r

New

River

LakeBonita

Trilby WashDetention Basin

SaquaroLake

Salt River

Salt River

CanyonLake

Gila River

CanyonLake

Cave

Cre

ek

Gila River

Verde River

Verde River

Syca

more

Cre

ek

Alder Creek

Skun

k Cree

k

Cave Creek

Syca

more Cr

eek

Queen Creek

Beeli

ne H

wy

Beeli

ne H

wy

New R

iver R

d

7th

St7t

h St

7th

St7t

h St

Irvine Rd

7thA

ve7t

h Ave

7th A

ve

Cave

Cre

ek R

d

Scot

tsdale

Rd

Scot

tsdale

Rd

Pim

a Rd

56th

St

Carefree Hwy

Dove Valley Rd

Lone Mtn Rd

Morristown Hwy

Carefree Hwy

Scot

tsdale

Rd

Lake

Plea

sant

Rd

Cave

Cree

k Rd

Tatu

m B

lvdTa

tum

Blvd

Dynamite Blvd

Dixileta Dr

Lone Mountain Rd

Happy Valley Rd

51st

Ave

51st

Ave

51st

Ave

19th

Ave

67th

Ave

67th

Ave

67th

Ave

35th

Ave

83rd

Ave

83rd

Ave

Pinnacle Peak Rd Pinnacle Peak Rd

Jomax Rd

Pinnacle Peak Rd

Pinnacle Peak Rd

59th

Ave

40th

St

Deer Valley Rd

Canal

Rd

Deer Valley Rd

75th

Ave

75th

Ave

Johnson Blvd

El M

irage

Rd

Beardsley RdBeardsley RdBeardsley Rd

43rd

Ave

32nd

St

32nd

St

99th

Ave

91st

Ave

91st

Ave

107t

hAve

107t

h Ave

Union Hills DrUnion Hills Dr

El M

irage

Rd

Bell RdBell RdBell Rd

64th

St

64th

St

64th

St

56th

St

Dysa

rt Rd

Surp

riseA

ve

Hayd

en R

d

Bush Hwy

Greenway RdGreenway

RdGreenway Rd

Bear

dsley

Can

al Rd

Fountain

Hills Blvd

59th

Ave

Palisades

Blvd

Thunderbird RdThunderbird Rd Thunderbird Rd

111t

hAve

Sweetwater Ave

24th

St

24th

St

Cactus RdCactus Rd 66th StCactus Rd

108t

h St

96th

St PalominoBlvd Kingstree

BlvdShea BlvdPeoria Ave

44th

St

Via Linda

Mountain View Rd

104t

h St

Doubletree Ranch RdDunlap AveOlive Ave

Cent

ralA

ve

27th

Ave

Via DeVentura

Beeline Hwy

Northern Ave

16th

St

Litch

field

Rd

Glendale Ave

Lincoln Dr

63rd

Ave

105t

h Ave

Inve

rgor

don

Rd

Mcdonald DrBethany Home Rd

20th

St

Bush Hwy

Camelback RdCamelback Rd

Pim

a Rd

Pim

a Fr

wy

Pima Frwy

Indian School Rd

Papago Frwy

Indian School RdIndian School Rd

Osborn Rd

Reck

er R

d

Thomas Rd

Powe

r Rd

Thomas Rd

115t

hAve

Grand Ave

Encanto Blvd Oak St

52nd

St

Reem

s Rd

195t

h Ave

Tuth

ill Rd

Mcdowell Rd Mcdowell RdMcdowell Rd

ValV

ista

Dr

Higle

y Rd

Colle

geAv

e

Mckellips Rd

Red Mountain Frwy

Maricopa Frwy

Santan Frwy

Mckellips RdVan Buren St

Mcc

linto

ck D

r

Buckeye Rd

99th

Ave

Stap

ley D

r

Washington St

7thA

ve7t

hAve

19th

Ave

Cent

ral A

ve

7th

St

24th St

24th

St

59th

Ave

User

y Pas

s Rd

91st

Ave

51st

Ave

35th

Ave

Curry Rd

Jack

rabb

it Trl

Sky Harbor Blvd Brown RdBrown RdYuma Rd

Cotto

n Ln

Western Ave

Mill

Ave

Pries

t Dr

Rura

l Rd

Mcc

linto

ck D

r

Estre

lla P

kwy

Estre

lla P

kwy

University Dr University Dr

Dobs

on R

dDo

bson

Rd

Hard

y Dr

40th

St

40th

St

52nd

St Main StMain StMain St Apache TrlApache Blvd

Linds

ay R

d

Alm

a Sc

hool

RdAl

ma

Scho

ol Rd

Mes

a Dr

Powe

r Rd

Coun

try C

lub D

r

Gilbe

rt Rd

Gree

nfiel

d Rd

Crism

on R

d

48th

St

48th

St

Broadway Rd Broadway RdBroadway Rd Broadway Ave

32nd

St

32nd

St

Soss

aman

Rd Pueblo Rd

Southern AveSouthern AveSouthern Ave

Baseline Rd Baseline RdBaseline Rd Baseline Rd

Mcq

ueen

Rd

20th

St

Guadalupe Rd Guadalupe RdDobbins Rd

44th

St

Price

Frw

y

Elliot Rd Elliot Rd

Coop

er R

d

Warner Rd

Ellsw

orth

Rd

Ray Rd

Rura

l Rd

Ray Rd

Williams Field RdChandler BlvdChandlerBlvd Ar

izona

Ave

Dese

rt Fo

othil

lsPk

wy

Liberty LnPecos Rd

Pecos Rd

Mar

icopa

Rd

Higle

y Rd

Beltline Road

Queen Creek RdQueen Creek Rd

Gilbe

rt Rd

Gilbe

rt Rd

Mer

idian

Rd

Alm

a Sc

hool

Rd

Riggs Rd

Price

Rd

Dobs

on R

d

Hunt HwyHunt Hwy

Apache

Trl

Mckellips Blvd

Corte

z Rd

Ironw

ood

Dr

Mer

idian

Rd

Idah

o Rd

Lost Dutchman Blvd

Superstition Blvd

Holm

es R

d

Mou

ntain

View

RdOld West Hwy

Goldf

ield

Rd

Tom

ahaw

k Rd

Southern Ave

Moe

ur R

d

Mou

ntain

Rd

Vine

yard

Rd

Vine

yard

Rd

Indian Rt 3

Combs Rd

Schn

epf R

d

Hunt Hwy

Queen Creek Rd

Quail

Run

Ln

128th

Ave

Stardust Blvd

DelW

ebb Bl

vd Greenway Pkwy

Cave Creek Rd

Frank Lloyd Wright Blvd

SaguaroBlvd

WarnerEl

liot L

oop

Jomax Rd

Citru

s Rd

Waddell Rd

Glendale Ave

Camelback Rd

Perry

ville

Rd Thomas Rd Thomas Rd

Sunri

se B

lvd

Union Hills DrUnion Hills Dr

Greenway Rd

Cotto

n Ln

Sariv

alAv

e

Reem

s Rd

Bulla

rdAv

e

Litch

field

Rd

Cactus Rd

Peoria Ave

Linds

ay R

d

Reck

er R

dRe

cker

Rd

Soss

aman

Rd

Hawe

s Rd

Crimson Rd

Coop

er R

d

ValV

ista

Dr

Rittenhouse Rd

Gree

nfiel

d Rd Pecos Rd

Mcq

ueen

Rd

Germann Rd

Queen Creek Rd

Crism

on R

d

Reeb

s Rd

Ocotillo Rd

Chandler Heights Rd

Riggs Rd

Germann Rd

Pima Rd

Kenw

orth

y Rd

Ocotillo Rd

Mes

a Rd

Coun

try C

lub D

r

Indian School Rd

Thomas Rd

Indian Bend Rd

CanalBank Rd

Hawe

s Rd

Germann Rd

Pries

t Dr

Kyre

ne R

d

75thAve

27th

Ave

35th

Ave

Dobbins Rd

Elliot Rd

75th

Ave

Elliot Rd 59th

Ave

Carver Rd

Estrella Dr

Saint Johns

Mission Rd

Pecos Rd

43rd

Ave

75th

Ave

67th

Ave

83rd

Ave

Lower Buckeye Rd

107t

hAve

Lower Buckeye Rd

123r

dAve

Broadway Rd

Southern Ave

Indian Springs Rd

Southern Ave

Citru

s Rd

Broadway Rd

Airp

ort R

d

Beloat Rd

93rd

Ave

27th

Ave

43rd

Ave

Pyra

mid

Peak

Pkw

y

33rd

Ave

16th

St

Desert Hills Dr

17th

Ave Joy Ranch Rd

Cloud RdCloudRd

64th

St

Happy Valley Rd Alm

aSc

hool

Rd

Jomax Rd

116t

h St

118t

h St

64th

St

Deer Valley Rd

McDowell Rd

Dean

Rd

Lower Buckeye Rd

Elliot Rd

RainbowValley Rd

Tuth

ill Rd

Narramore Rd

Ray Rd

155t

hAve

171s

tAve

Williams Field Rd

163r

dAve

203r

d Ave

Queen Creek Rd

Ocotillo Rd

Sand

ia Rd

Buenos Aires Rd

Riggs Rd

Hunt Hwy

Tuth

ill Rd

Ocotillo Rd

Skyline Dr

Thom

pson

Rd

Phillips Rd

Indian Route 60

187t

hAve

211t

h Ave

Dove Valley Rd

219t

hAve

Sariv

alAv

e16

3rdA

ve

Mou

nbat

ten

Rd

Dixileta DrBradley Rd

203r

dAve

Croz

ier S

t

Patton Rd

195t

hAve

Jomax Rd

Happy Valley Rd

Deer Valley Rd

136t

h St

Lone Mountain Rd

144t

h St

160t

h St

168t

h St

174t

h St

152n

d St

128t

h St

Bulla

rdAv

e

Wickenburg Hwy

Grand Ave

Grand Ave

Buckeye Rd

Main St

Black Canyon Hwy

Agua

Fria

Frw

y

Blac

k Can

yon

Frwy

Pies

tewa

Frw

y

HohokamExwy

Red Mountain Frwy

48th

St

Pearl Harbor Memorial Hwy

Mar

icopa

Frw

y

Superstition Frwy

S Ra

inbow

Rd

Jack

rabb

it Trl

Bulla

rdAv

e

Patterson Rd

EaglesNest CC

Palm ValleyGolf Club

WildlifeWorld Zoo

WigwamCC

Club WestGolf Club

FoothillsGolf Club

Harrahs/Gila R iverCasinos

Arizona Biltmo reCountry Club

San Ma rcosCC

Mccormick RanchGolf Club

Happy TrailsGolf Resort

ArrowheadRanch CC

LegendGolf Resort

PointeGolf Club Stonecreek

GC

The 500Club

Tatum RanchGolf Club

Gainey RanchGolf Club

TournamentPlayers Club

GrayhawkGolf Club

Fountain HillsGolf Club

Troon NorthGolf Club

BouldersClub

Tonto VerdeGolf Club

Gold Can yonGolf Club

Deer ValleyGC

StardustGC

Briar woodCC

Echo MesaGC

Hillc restGC

GrandviewGC

The VistasGC

WestbrookVillage GC

Willowbrook andWillowcreek GC Union Hills

CC

Co yoteLa kes GC

PebblebrookGC

RiverviewGC

PalmbrookCC

PeoriaStadium

La ke East/West GC

Phoenix CommunityCollege

Grand Can yonCollege

Phoenix JuniorCollege

Phoenix JuniorCollege

Mesa CommunityCollege

Arizona StateUniversity

ScottsdaleCommunityCollege

Glendale CommunityCollege

SouthwesternCollege

Phoenix-Deer ValleyMunicipal Airport

ScottsdaleAirport

FalconField

Phoenix Sky HarborInt'l Airport

Phx -MesaGateway

ChandlerMunicipal

Airport

MARICOPAPINAL

Scottsdale

CaveCreek

DesertHills

Anthem

Ca refree

Peoria

PHOENIX

Surprise

Glendale

Sun CityWest

SunCity Fountain

Hills

ElMirage

Youngtown

ParadiseValleyLu ke

AFB

Litch fieldPark

MesaGoodyear

Goodyear

Est rellaMountain

Ranch

Avondale

Buc keye

Tolleson

Tempe

GilbertChandler

Komatke

SantaCruz

Cashion

QueenCreek

ApacheJunction

60

60

85

74

74

74

87

88

153 143

101

303

303

101

51

87

101

101

87

236

347

587

60

60

17

17

10

10

17

10

202

202

2

5

4

7

1

3

6

1. Subject Property Casa Del Sol Apartments 6805 North 27th Avenue | Phoenix, AZ

2 Hillcrest Arms 1908 N. 32nd Street | Phoenix, AZ

3 Regency Apartments 4308 N. Longview Avenue | Phoenix, AZ

4 Hatcher Square 9430 N. 11th Avenue | Phoenix, AZ

5 Poco Jardin 4120 W. Osborn Road. | Phoenix, AZ

6 Casa Blanca 3131 N. Black Canyon Hwy | Phoenix, AZ

7 Horizons 1510 N. 48th St. | Phoenix, AZ

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

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PROPERTY PHOTOS | COLLIERS INTERNATIONAL | 11

Property Photos

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

Page 12: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

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Page 13: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

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LOCATION MAPS | COLLIERS INTERNATIONAL | 14

Parcel Map

Parcel Number: 156-01-046, -051

Casa Del Sol

Casa Del SolApartments

6805 North 27th Avenue Phoenix, AZ

Page 15: Casa Del Sol Apartmentscmnphx.com/_Budi/CasadelSolMarketingBorchureTemplateVer2.1.4-19-10.pdfTrevor Koskovich Senior Associate 602 222 5145 – Direct 480 227 7420 - Mobile ... Number

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