6801 N 17th Ave N Phoenix, AZ 85015

Listing details for 6801 N 17th Ave N, Phoenix, AZ 85015 : Seven of the units at Agave have gone through extensive interior renovations (approximately$25,000 per unit in capital expense). Additionally, the landscaping, windows,sliders, security gating and lighting systems have all been updated in 2019. Agave is located 0.25 miles from a Fry's-anchored retail center and the Valley Metro Light Rail, 1.5 mile from Abrazo CentralCampus and Christown Spectrum Mall and centrally located between the I-17 Deer Valley Corridor, Camelback and Central Avenue Corridor. New ownership will have the opportunity to renovate the remaining four classic units and bring them up to market rents benefiting from a$250 renovation premium. Further, new ownership can incorporate a utility recapture of $35 per unit based on market comps.