The Reflection

11-23-2022
11-30-2022

1625 E Lamar Rd, Phoenix, AZ 85016

• New construction bespoke townhome community

• Individually metered for water, electricity and trash

• Community consists of 2 duplexes, only one shared wall

• Individual tax parcel for each unit

• Spacious floor plans that live like single family residential home

• 2 Outdoor Patio Spaces, space for hot tub

• Large Yards

• Attached, direct access oversized two-car garages

• Ample guest parking

• Builder and Appliance Warranties

Property Description

REI Marketing is pleased to present for sale Reflection, a luxury, new construction community of 4 townhomes (2 duplexes), single platted and individually metered located between the desirable Uptown and Biltmore district. The property offers an investor diverse options of ownership and divestment: operate as a multifamily conventional rental project, luxury AirBNB, or divest as single sale townhomes to owner-occupiers. The property is located a short distance from downtown Phoenix and The Biltmore Corridor, a premier upscale residential and financial district, Paradise Valley and Old Town Scottsdale. .

Unit Mix

Description No. of Units Sq ft. Avg. Monthly Rent
5 Bed + 3 Bath 2 2,856 $ 5,000
4 Bed + 3 Bath 2 2,648 $ 5,000

Key Property Information

Listing Status
Available
Multifamily type
2-4 Units
Price
$ 3,750,000
No. of Units
4
Year Built
2022
Building Size
11,008 Sq ft
Opportunity Zone
No
Price per unit
$ 937,500
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33.536481, -112.04631

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