Corona Del Sol

Address: 27 E Corona Ave, Phoenix, Arizona, US

Phoenix & Southwest + Apartments

Created date: September 15, 2023

Date last updated: September 15, 2023

Property Description

CBRE is pleased to present Corona Del Sol, a 64-unit garden-style multifamily community in South Phoenix. Built in 1985, the property is made of wood-frame construction with built-up roofs & ceramic tile mansards and is individually metered for electricity. Corona Del Sol is situated on +/- 2.28 acres with meticulously maintained xeriscape landscaping and featuring a very competitive unit mix of all spacious two-bedroom units and one studio unit. The current unit mix ranges from ±460 SF to ±1300 SF. The attractive unit mix of classic units constructed in the mid-80’s positions Coronal Del Sol extremely well for a new investor to implement a value-add strategy. With the City of Phoenix’s significant investment in city infrastructure and the extension of the city light rail along Central positions this property in the heart of the path of progression. Corona Del Sol is also being offered as part of a portfolio with The Cara Apartments. Property tours are by appointment only. Please contact Brian Smuckler, Jeff Seaman, Derek Smigiel, and Bryson Fricke to schedule tours.

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Multifamily type:	Apartments \| Garden Style
No. of Units:	64
Year Built:	1985
Building Size:	55,940 Sq ft
Lot Size:	2.28 Acres
Opportunity Zone:	No