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Offering Summary

Price...................................Market
Number of Units......................224
Year Built...............................2005

Exclusively Listed by

Steve Gebing
Vice President Investments
Senior Director,
Institutional Property Advisors
(602) 687-6771

sgebing@IPAusa.com
License: AZ SA572944000

Cliff David
Vice President Investments
Director,
National Multi Housing Group
(602) 687-6763

cliff.david@marcusmillichap.com
License: AZ SA537976000

 



2398 East Camelback Road, Suite 550 Phoenix, Arizona 85016
(602) 687-6700

www.MarcusMillichap.com

Institutional Property Advisors, a Marcus & Millichap company, is pleased to announce that it has been retained as the exclusive advisor for the disposition of Adobe Ridge, a 224-unit apartment community located between the affluent and amenity rich trade area known as Arrowhead and the North I-17/Deer Valley Employment Corridor, an area encompassing more than 17.5 million square feet of retail, office, industrial, and flex space with more than 51,000 employees.

VALUE-ORIENTED LUXURY CLASS "A" APARTMENT COMMUNITY SITUATED IN DYNAMIC NORTHWEST VALLEY

Adobe Ridge is perfectly situated between the thriving commercial center of the North I-17/Deer Valley Employment Corridor and the Arrowhead region of Greater Phoenix, a desirable mix of employment alternatives and affluent lifestyle qualities. Built in 2005 by MLP Investments, each apartment home features nine-foot ceilings, a fully equipped gourmet kitchen, full-sized washer and dryer, abundant storage space with large walk-in closets, two ceiling fans, and a private patio or balcony with additional outside storage. Linen closets and kitchen islands are also available in select apartment homes. Community amenities include a stand-alone leasing office and a stand-alone clubhouse with kitchenette and fireplace, a state-of-the-art fitness center with cardio and weight training equipment, a fully appointed business center, one resort-style swimming pool and spa with covered cabanas, serene outdoor spaces featuring picnic areas and barbecue grills, controlled access gated entry, and detached garages (40) with automatic door openers.
 

For more info, please visit the Property website:
www.david-gebing.com/listings/adobe-ridge

 




 Adobe Ridge Adobe Ridge, a 224-unit multi-housing community located between the affluent and amenity rich trade area known as Arrowhead and the North I-17/Deer Valley Employment Corridor in Glendale, Arizona | Real Capital Markets