1519 W Desert Cove Ave

• (1) 2-Bed/1-Bath Unit + (2) 1-Bed/1-Bath Units
• Centrally located in Northern Sunnyslope, within the Shangri-La Heights
• Located across from The Cove Apartments, an 88-unit, $24 million development project.
• Value-Add Opportunity – Renovate Increase Returns

Property Description

1519 W Desert Cove Ave offers a value-add investment opportunity within the desirable Sunnyslope Submarket. The property features three fully occupied units, including one 2-bedroom, 1-bathroom unit ($1,171/Mo), and two 1-bedroom, 1-bathroom units ($1,136/Mo & $1,146/Mo). All tenants are on month-to-month leases. This complex is conveniently located across the street from an 88-unit affordable housing project led by Commonwealth Development. Units are individually metered for electric and gas, with each unit charged $71/Mo for water/sewer. A great opportunity with significant upside potential!