312 E Kinderman Dr

• Boutique Modernized 13 Unit Community Renovated in 2023
• Modern White Shaker Cabinets, Quartz Counters, Stainless Steel Appliances, Modern Waterproof Flooring, Private In-Unit Laundry Rooms
• Major Industrial Employment Corridor - Amazon, UPS, FedEx, Chewy, Vantage Data Centers
• $875K of Interior & Exterior Capital Improvements = $67K/unit of CapEx
• New Roofs, New HVAC's, New Water Heaters, New Electric Panels, New Modern Exterior Paint & Smooth Stucco Exterior, New Modern Landscaping
• Avondale Health-Tech Corridor - New $40M Children's Hospital Facility, New $35M Akos Medical Campus with Peak Heart & Vascular & Surgery Center

Property Description

Ethos on Kinderman is a boutique 13 unit community in the heart of the quiet and stable family friendly Avondale community. Originally built in 1957, the property went through a major renovation and transformation in 2023 with ownership investing over $875K = $67K/unit in capital improvements fully renovating the exterior of the community and fully interior renovating 11 of the 13 units with modern upgrades and amenities. The property features block construction, pitched asphalt shingle roofs, ABS sewer lines, and copper plumbing—providing investors with long-term structural integrity and reduced capital expenditure risk relative to older vintage properties. The community is Individually metered for electricity, which allows for operational efficiency and expense control, all while benefiting from strong renter demand in the family friendly Avondale community. The community has been thoughtfully upgraded with contemporary interior finishes, in-unit washer/dryers, and large private back patios in a majority of the units, creating a highly competitive rental product in the submarket. Additional exterior enhancements— new low-maintenance desert landscaping including a large artificial grass area and modern smooth stucco exterior to further elevate the resident experience and curb appeal. One mile directly west of Ethos on Kinderman lie some of the largest industrial employers in Metro Phoenix. Several million square feet of industrial warehouses that employ thousands of jobs include Amazon, UPS, FedEx and Chewy. This employment base serves as an anchor for the Avondale community and the residents of Ethos on Kinderman. In 2024, Vantage Data Center completed it’s $1.5 billion development on its 50-acre campus with three facilities totaling more than 1 million square feet. This mega-scale campus powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Avondale is the location-of-choice for healthcare opportunities in the Southwest Valley with over 275 acres of available land and over 40,000 healthcare and 12,000 tech workers within a 25-minute commute. Recent locates and expansions include Akos Medical Center, a 68,000 SF medical campus housing the Peak Heart & Vascular Medical Office and Peak Surgery Center, the Arizona Center for Cancer Care and Iora Health by Humana. Additionally, Phoenix Children’s Hospital recently opened a $40M facility encompassing over 105,000 SF serving over 50,000 visits per year while adding $450M in direct and indirect benefit to the City of Avondale. With multiple schools ranging from elementary to high school within walking distance, Ethos on Kinderman holds a significant advantage over competing properties in both tenant attraction and retention. Saint John Vianney Catholic School is just a five-minute walk from Ethos on Kinderman and provides a tremendous benefit to the neighborhood by providing Pre-k through 8th grade education, after school programs and community outreach programs. Directly north of St. John Vianney School is Eliseo Felix Elementary providing public school to the residents of Ethos on Kinderman. To the north of Ethos on Kinderman and within a 3-minute walk of the community is Agua Fria High School. Avondale is a tight knit community with its residents spanning multiple generations going to the schools K-12, seeking higher education and making their way back to the Avondale community.