Encanto Row Townhomes

Highlights

• New build construction with modern finishes
• Brand new appliances included
• Private fenced yard for added privacy and security
• Comfortable private patio – great for outdoor living
• 2-car garage with secure, off-street parking
• Located in a growing, vibrant urban neighborhood
• Surrounded by a variety of local eateries, cafes, and upscale dining options
• Easy access to community events, nightlife, and the Roosevelt Row Arts District
• Close to top cultural spots like the Phoenix Art Museum, Heard Museum, and Arizona State Capitol
• Just minutes to Encanto Golf Course and Encanto Park – one of Phoenix’s largest green spaces
• Prime Location – SE Corner of 19th Ave & Thomas:
• Located on a high-visibility, main traffic corridor
• Quick access to I-10, I-17, and Highway 51
• Centrally located in the heart of Phoenix

Description

A TRUE Investor Special, a much-desired short sale opportunity for these brand new townhomes overlooking the Encanto Golf Course! What should have cost around $3.5m or $585k/unit to build, with all costs included, ended up costing $4.5m due to some delays encountered with getting the project fully built. The projected sale price was $4m at the time the project was consummated. Take advantage of this excellent opportunity to buy these townhomes at less than it would cost to build them. Call for offers on April 15, 2025, when offers will be submitted to the bank. This brand-new boutique townhouse community features six separate units, each individually metered, with shared common areas and a private drive. Located directly across from Encanto Golf Course, this community offers a prime setting with scenic views and easy access to outdoor recreation. The four interior units are 3-bedroom, 3.5-bathroom homes featuring rooftop decks and two-car garages with 2,110 SF each. The two exterior units (the most northern and most southern) are 3-bedroom, 2.5-bathroom homes, each 1,683 SF, also with two-car garages. Currently, two of the larger units are fully furnished and operating as Airbnbs, while two smaller units have long-term tenants in place at $2,700/month. The remaining two units are vacant, offering flexibility for sale, rental, or personal use. The owner had interested tenants in the past at $3,500/month. Both unit types feature living areas, kitchens, and garages on the first floor, with bedrooms and laundry on the second floor. The larger units also include an additional primary suite on the third floor, with access to a private rooftop deck with beautiful views overlooking the Encanto Golf Course and Downtown Phoenix.

Enjoy the convenience of city living in this well-situated townhome just minutes from everything Phoenix has to offer. Located on the southeast corner of 19th Avenue and Thomas Road, this property is just 4 minutes from St. Joseph’s Hospital and the Arizona State Fairgrounds, 7 minutes to Downtown Phoenix and Banner Health, and only 9 minutes to Sky Harbor Airport. Outdoor enthusiasts will love the nearby Encanto Golf Course, while commuters will appreciate the quick access to major transportation routes.