Halcyon on Cheery Lynn
Multifamily | 14 Units | $456,143/unit
Marketing description
JLL is pleased to introduce the Halcyon 2-Pack, an 18-unit and 14-unit townhome community located in the prominent Encanto Village neighborhood in Phoenix, Arizona. The Properties feature 100% spacious three-bedroom floor plans, each featuring 2.5 to 3 bathrooms, with an average unit size of 1,708 square feet.
The units feature luxury finishes including quartz kitchen islands and countertops, stainless-steel appliances, wood styled vinyl plank flooring, white shaker cabinetry, private patios/balcony’s, oversized walk-in closets, and in-suite washers and dryers. Additionally, each unit features a two-car direct access garage.
The Halcyon 2-Pack is located within the Encanto Village neighborhood, within proximity to exciting amenities, renowned schools, and adjacent to the Phoenix Children’s hospital. The Halcyon 2-Pack provides a compelling investment opportunity to buy newly delivered Class A townhome assets within a high barrier to entry location.
The Halcyon on Cheery Lynn offers attractive assumable financing at 3.52% due in 5-Years.
The offering may be purchased individually or as a portfolio with Halcyon on 18th (3301 N 18th St, Phoenix, AZ 85016).
Investment highlights
Desirable Encanto Village Location with Extremely High Barriers to Entry
2024 and 2020 Built Class A Townhome Communities with Luxury Finishes
100% Three-Bedroom Floor Plans that Average 1,708 Square Feet
Excellent Nearby Amenities including the Park Central Mall Redevelopment, Biltmore Fashion Park, and Uptown Plaza
Robust Nearby Demographic Profile and Employment Drivers
Individual Townhome Transactions within the Submarket Trade at a Significant Premium, Averaging nearly $200,000 above Halcyon on Cheery Lynn Pricing
Attractive Assumable Financing Available on Halcyon - Cheery Lynn at 3.52% due in 5-Years
The Offering may be Purchased Individually or as a Portfolio with Halcyon on 18th (3301 N 18th St, Phoenix, AZ 85016).
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