Positioned just north of the Glendale Avenue and 57th Avenue intersection in the charming Caitlin Court historic district sits
Myrtle Court (''the property''), a fully renovated 15-unit multifamily community. The asset's proximity and direct exposure to
Glendale Avenue provides excellent visibility from one of the primary roadways in Phoenix's West Valley Submarket. Positioned
approximately 3-miles from Glendale's Westgate Entertainment District and the Cardinal's Statefarm Stadium offering
residents access to premier entertainment and dining experiences, including NFL Football Games, concerts, and much more. In
addition, the TSMC Campus, representing Arizona's largest foreign direct investment in the state's history, has been a primary
catalyst to the West Valley's boom. TSMC's Campus is expected to total $40B in capital investment, add ±24,000 new jobs and
40 new companies relating to the Advanced Manufacturing sector coming to the surrounding area as a direct result of this
monumental project. The West Valley is also home to some of The Valley's top major employment corridors, including, Loop 101
West Corridor, South Peoria Corridor, and SW Valley Industrial Corridor, boasting a combined ±148,000 employees and ±3,900
businesses.
Completed in 1965 and renovated in 2024, Myrtle Court is comprised of 1 one-bedroom unit (7%),13 two-bedroom units (86%),
and 1 three-bedroom house (7%), offering an average of ±690 square feet. All unit interiors have been completely renovated
with new stainless-steel appliances, cabinets, flooring, quartz countertops, hardware and fixtures. In addition, the entire
community has been renovated inclusive of smooth stucco, paint, landscaping, community laundry room, windows, electrical,
roofs and mini-split HVAC systems.