2103 W Morten Avenue
Phoenix, AZ 85021

Located just south of the 21st Avenue and Northern Avenueintersection, Morten Avenue (''the property'') has the extremeadvantage of Grand Canyon University being less than four milesaway. The property is also primely positioned for immediate accessto some of The Valley's major transportation arteries. The Interstate17 (I-17) ,as well as access to the Valley Metro Light Rail are bothless than half a mile away, providing effortless transportation andreasonable commute times to destinations all across the Phoenixmetro. Ample employment opportunities are found through thenearby I-17 Employment Corridor, boasting more than 43,000employees across 1,200 businesses. Additionally, the property sits between Chirstown Spectrum Mall - an iconic Phoenix retail center featuring Harkins Theaters, Walmart, and Target - and Metrocenter Mall, which is currently undergoing a $1 Billion redevelopment.Developed in 1982, Morten Avenue is a 9-unit multifamily community with a diverse unit mix featuring studio (22%), one-bedroom (33%), and two-bedroom (45%) floorplans averaging 556 square feet. Future ownership will have the opportunity to capitalize on below market rents already proven in the immediate area.