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5902 W Royal Palm Rd
Glendale, AZ 85302
Rise at The Palms · Multifamily Property For Sale · 138 Units
PROPERTY FACTS
| No. Units | 138 | Building Size | 95,828 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2019 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 4.23 AC |
| No. Units | 138 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.23 AC |
| Building Size | 95,828 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2019 |
| Parking Ratio | 1.21/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- Clubhouse
- Playground
- Sauna
About 5902 W Royal Palm Rd , Glendale, AZ 85302
Cushman & Wakefield is pleased to announce the exclusive listing of Terra Vista Palms, a 138-unit apartment community boasting the potential for strong operations and a remaining value-add component with interior renovations. Terra Vista Palms sits on 4.23 acres in what is considered to be an evolving and regentrifying submarket for renters and commercial establishments alike. Built in 1975, with the original interiors still in place, the property is considered a viable candidate for an interior and exterior renovation program to enhance the asset' s value. With new flooring, countertops, updated appliance package, fixtures and lighting, fitness center, and pool furniture, it is believed there is significant upside in the rents. These upgrades, combined with generally improving demographics and economic conditions in the area, produce an opportunity for a significant potential increase in revenue for Terra Vista Palms.
PROPERTY TAXES
| Parcel Number | 143-14-023C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $623,541 |
PROPERTY TAXES
zoning
| Zoning Code | M-H |
| M-H |
