1346 E Mountain View Rd Phoenix, AZ 85020

Twenty at Mountain View presents an opportunity to acquire a 20-unit community featuring all two-bedroom units, each with private patios. Situated on nearly an acre in a residential neighborhood near single-family homes, the property is nestled in the foothills of the Phoenix Mountains Preserve. The location provides a competitive advantage due to the limited potential for new multifamily developments in the area. Residents have access to miles of hiking, biking, and horseback riding trails within the Phoenix Mountain Preserve. Interior capital improvements include new vinyl wood-style flooring with 4-inch baseboards, two-tone paint, white shaker cabinets, modern countertops, stainless steel appliances including dishwashers, oversized kitchen sinks with stainless steel gooseneck faucets, new blinds, ceiling fans and lighting, new bathroom vanities, toilets, shower/tub surrounds, and full-size front load washer/dryers. Exterior upgrades feature a newly installed electric gate, three synthetic grass areas, two concrete table sets, a resurfaced pool, new iron pool fencing, 120 tons of low-maintenance desert rock, property signage, and wood fencing for large private patios. Constructed in 1986, the property features copper supply plumbing, ABS sewer lines, and 100-amp electric panels. The property is located near the redevelopment of the former Paradise Valley Mall, now known as 'PV', which will include luxury residential, retail, restaurants, and outdoor spaces. It is also a short commute to the North Central Uptown & Business Corridor and the Camelback Corridor, offering access to various restaurants, retail options, and major employers.