Venture on 19th
Venture on 19th consists of a 41-unit residential apartment development located at 4313 N 19th Avenue, Phoenix, Arizona 85015. The property was originally built in 1985 with 41 units, 17 units are small 1-bedroom with 1-bath and 24 units are larger 1-bedroom and 1-bathroom.
Venture on 19th is located right off N 19th Ave. and W Turney Ave. and creates a scenic neighborhood feel just steps away from the busy streets of Phoenix.
It is the intention of the Sponsor to do minor amenity add improvements to the property and use this as a stabilized cash-flowing property that will begin performing at a 6% annual cash distribution approximately one month after the purchase of the complex.