AZ
Maricopa
Phoenix
85021
2020 W ORANGEWOOD Avenue
2020 W ORANGEWOOD Avenue, Phoenix, AZ 85021
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Listing Type
Multi Family
Listing Status
Active
15
$3,895,000
Home Details for 2020 W ORANGEWOOD Avenue
Price
$3,895,000
Type
Residential Income
Year built
1986
County
Maricopa
Listing #
7004263
Listing Courtesy: Matthews Real Estate Investment Services - 310-388-0788
Property Description
The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.
Property Features
Heating Information
- Electric
Water Features
- Public
Parking
- Paved
Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 2026-08-25 12:11:37
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