Multi-Housing

Oxford Apartment Homes - Sale

3777 E McDowell Rd Phoenix, Arizona United States 85008-4336
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2003
Building Area
Number of units 432

Property Description

Jones Lang LaSalle Americas, Inc. is pleased to present the opportunity to acquire Oxford Apartment Homes (the “Property” or “Oxford Apartments”), a 2-story, 432-unit, low-density garden apartment community located in Phoenix, Arizona. Built in two separate phases in 2001 and 2003, Oxford Apartments offers a diversified unit mix of spacious one, two and three bedroom floor plans with an average unit size of ±888 SF. These large units are accompanied by recently renovated state of the art community amenities surrounded by ample surface parking. The Property is located just northwest of where the 202 and the 143 intersect on McDowell Rd, in one of the Valley’s most central locations. The Property offers residents exceptional access to the Valley’s major employment and entertainment nodes as well as convenient proximity to Phoenix’s Sky Harbor Airport. The Property’s infill location offers favorable supply/demand fundamentals with a growing submarket projected to outperform the neighboring areas. The projected growth and limited supply in the immediate area offer investors a unique opportunity to acquire a low density, value-add multifamily community in the heart of Phoenix.​​​​​​​

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Investment Highlights

  • Exceptional, Proven Value-Add Opportunity
  • Strong Multifamily Dynamics With Favorable Supply/Demand Fundamentals
  • Centrally Located With Convenient Access to Primary Phoenix Employment Hubs
  • Immediate Access to Top Employers As Well As Retail & Lifestyle Amenities 
Last Updated Date: 03 Sep 2021
Mike Higgins
Mike Higgins
Director
License details
IL-475.156313
John Cunningham
John P. Cunningham
Managing Director, Capital Markets
License details
NV - S.0174792

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+358931583230
Last Updated Date: 03 Sep 2021

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