East 3434

Investment Summary

Property:

East 3434 is a gated B-class multifamily community built in 1985 with 128 units across 6 buildings.  It is located in the McDowell neighborhood East of downtown Phoenix and 5 minutes from the airport.


Strategy

Maximize rent potential and investor returns through re-branding and capital improvements to enhance overall appeal and marketability in a rapidly gentrifying neighborhood.  

Opportunity Highlights

Our business plan includes the following improvements.


  • Exterior and interior renovations
  • Add washer & dryer to select units
  • Implement Green Program to reduce utilities
  • Bill back remaining utility expenses
  • Add amenities:  Dog Park, BBQ Area, Business Center, etc.

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