2349 W Campbell Ave presents a shovel-ready opportunity for investors and developers to deliver a boutique 19-unit multifamily project in the heart of Phoenix’s thriving rental market. Situated on a 1.13-acre parcel, the plans call for a balanced mix of 2-bedroom/2-bath and 3-bedroom/2-bath units, designed to capture strong tenant demand. With walkable access to transit, proximity to major employment corridors, and excellent neighborhood amenities, this property is ideally positioned for long-term success.
Positioned in the heart of Phoenix’s Alhambra/Mid-City corridor and nestled within Encanto Village, the property is surrounded by established residential blocks, and lies steps away from urban amenities such as entertainment venues, cultural destinations, and transit-oriented growth nodes.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.