Buy&Hold (Mulitfamily): (27 units) 2020 W. Orangewood Dr, Phoenix, AZ 85021 + $4,950,000
- Promise Land Realty
- Mar 24
- 2 min read
Multifamily Investment Opportunity
Price
$4,950,000
OFF-MARKET OPPORTUNITY2020 W Orangewood Dr, Phoenix, AZ
27-Unit Apartment Complex | $4,950,000
Promiseland Realty is pleased to present an exclusive off-market opportunity to acquire a fully renovated 27-unit apartment complex in the heart of Phoenix, AZ. This value-add asset features modernized interiors, an assumable loan, and strong rental upside in a high-demand market.
Property Highlights:
Unit Mix:
(1) 2-Bed, 1.5-Bath – 1,200 SF
(26) Studio Units – 400 SF
Assumable Financing:
$3.05M current loan in place
Recent Capital Improvements (~$650K invested since 2022):
Full roof replacement
Complete renovations of 26 units
In-unit washer/dryers installed in all studios
This turnkey asset presents a prime opportunity for investors seeking stable cash flow and long-term appreciation in one of Phoenix’s growing rental submarkets.
Next Steps:
Financials are available for review upon request. Please submit all offers directly to investments@promiselandrealtyllc.com.
🚨 TEAM PROMISELAND DISCLAIMER: 🚨
This listing is for TEAM PROMISELAND members only and is not to be marketed publicly.
For more details, reach out today!
Property Financials:
Aerial View
Aerial View
"Your #1 Source for Off Market Real Estate Properties, Nationwide"
PROMISE LAND REALTY, LLC
Work: 248- 416-2574
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT—unauthorized marketing will result in a $500 fine. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top. PROMISELAND REALTY has maintained over $50 Billion in off-market real estate assets for the last 7 years.
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