7002 E Hubbell St, Scottsdale, AZ 85257

Palms Villas is conveniently located in the heart of South Scottsdale near the intersection of two major thoroughfares, Scottsdale Rd & McDowell Rd. The property is settled into a quaint residential neighborhood with close proximity to numerous retail, recreation, and entertainment amenities. Palm Villas Bulk Sale Opportunity gives an investor the opportunity to purchase 9 fee simple condominium units in South Scottsdale. This value add opportunity provides an investor with multiple exit strategies while increasing rents and cash flowing day 1. The community was built in 1963 of block construction and consists of 106 total residential condominiums. All 9 units offer single story open floor plans at 840/sf each, consisting of 2 beds & 1.5 baths. Palm Villas bulk condominium sale offers fee simple units with low maintenance and professionally managed HOA.The HOA will be completing exterior paint and upgrades during 2017. Palms Villas is conveniently located in the heart of South Scottsdale near the intersection of two major thoroughfares, Scottsdale Rd & McDowell Rd. The property is settled into a quaint residential neighborhood with close proximity to numerous retail, recreation, and entertainment amenities. ASU’s premier innovation center, SkySong, is within walking distance of Palm Villas. SkySong features over 40 acres of mixed use space in South Scottsdale encouraging major economic growth in the South Scottsdale submarket. The property is just minutes from Tempe, home of Arizona State University. Arizona State is one of the nation’s largest universities, with over 82,000 students and 3 miles from Scottsdale Fashion Square & Old Town Scottsdale, with over 3 million square feet of shopping, dining, entertainment, and night life. Palm Villas also has near immediate access to major thoroughfares, public transportation, and Valley Freeways, including the Loop 101 & 202, providing access to the entire Valley.