
Seller's Agent in 2023
Staci Smedstad
DeLex Realty
(602) 882-3388
3 in this area
44 Total Sales
The Avanti is a 30 unit apartment community located in a highly desired region of East Phoenix. Located on
the Southwest end of Arcadia. Surrounded by new developments. Well built, functional & well maintained. Every unit is individually metered. NO chiller system, providing landlord with a very reasonable electric bill. 70% of the units have newer HVAC systems. Building is made of block construction w/stucco & paint finishes. Built w/concrete flooring between the two levels providing less maintenance, no creaking floors, and better sound barrier. Constructed in 1981 means no lead base paint or asbestos. Roof is in good condition & all plumbing is copper. Units have garbage disposals, dishwashers, & stoves. Rents are under market with value add opportunity. The roof is in good condition and all plumbing is copper. Every unit has a garbage disposal, dishwasher, as well as a stove, and the top floor units have vaulted ceilings. Rents are under market with great upside potential.
Last Agent to Sell the Property
LRA Real Estate Group, LLC License #BR529840000 Listed on: 04/19/2017
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/03/2023 07/03/23 | Sold | $4,800,000 | -12.7% | $3,840 / Sq Ft |
05/29/2023 05/29/23 | Price Changed | $5,500,000 | 0.0% | $4,400 / Sq Ft |
03/28/2023 03/28/23 | Pending | -- | -- | -- |
03/28/2023 03/28/23 | For Sale | $5,500,000 | 0.0% | $4,400 / Sq Ft |
03/27/2023 03/27/23 | Pending | -- | -- | -- |
03/20/2023 03/20/23 | For Sale | $5,500,000 | +107.5% | $4,400 / Sq Ft |
11/17/2017 11/17/17 | Sold | $2,650,000 | 0.0% | $2,120 / Sq Ft |
11/08/2017 11/08/17 | Off Market | $2,650,000 | -- | -- |
10/16/2017 10/16/17 | Pending | -- | -- | -- |
09/20/2017 09/20/17 | Price Changed | $2,595,000 | -5.6% | $2,076 / Sq Ft |
09/10/2017 09/10/17 | Price Changed | $2,750,000 | -3.5% | $2,200 / Sq Ft |
06/26/2017 06/26/17 | Price Changed | $2,849,700 | -4.9% | $2,280 / Sq Ft |
04/18/2017 04/18/17 | For Sale | $2,997,000 | -- | $2,398 / Sq Ft |
Seller's Agent in 2023
Staci Smedstad
DeLex Realty
(602) 882-3388
3 in this area
44 Total Sales
Seller Co-Listing Agent in 2023
Houstin Engstrom
Delex Realty
(602) 684-6843
5 in this area
48 Total Sales
Buyer's Agent in 2023
Mitchell Drake
ABI Multifamily
(602) 714-1400
9 in this area
29 Total Sales
Seller's Agent in 2017
Don Mortensen
LRA Real Estate Group, LLC
(480) 526-5644
8 in this area
129 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5592467