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Buy&Hold (Multifamily): (21 UNITS) CIELO APTS, 15350 N. 29TH, PHEONIX, AZ 85032 + $9,200,000

Multifamily Investment Opportunity



Off-Market Opportunity for Multifamily Investors

Property: Cielo Apartment Homes - 21 Units

Location: North Central Phoenix, Southwest Corner of Greenway and 29th Street

Access: Near the 51 Piestewa Freeway

Nearby: Paradise Valle High School, Abrazo Medical Campus, Desert Ridge Marketplace


Welcome to Cielo Apartment Homes, a new community offering 21 units in a prime location in north central Phoenix. This new construction property requires no major repairs, making it an ideal investment opportunity.

Enhancement Opportunities:

  • Smart home package for all units

  • Security cameras at entrances and common areas

  • Additional landscaping

  • Addition of drywell and piers for common amenity area

  • Additional low voltage lighting

  • Package locker system

Revenue Potential:

Monthly premiums of $50-$100 per unit achievable in the current market with enhancements. Additional revenue opportunities include increasing net rent, Valet Trash, amenity premiums, and examining increased RUBS billing.

Purchase Price: $9.2M Cash

Submit Offers: Please submit all offers directly to Don't miss this opportunity to invest in a thriving multifamily property with great potential!

Property Map



Work: 864-762-2509

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. 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.

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