MLS® ID: 5884856
9238 N 7TH Avenue
Phoenix, Arizona, 85021 $779,000
HUGE price reduction! Step-in 8% CAP Rate in Central Corridor Phoenix!!Shangri-la is a high performing investment opportunity with immediate value-add upside. Buyer can through additional renovation and potentially build more units.Shangri-la sits just over half a mile away from HonorHealth John C. Lincoln Medical Center, a 266-bed, full service hospital and all the retail shops which support it. Just steps from Shangri-la are the Grand Canal and the North Mountain & Shaw Butte Trailheads, which provide miles of hiking and biking trails.Shangri-la is a delightful community, tastefully renovated in the heart of major employment and situated for the active lifestyle tenant.