Property Description:
Luxury studio, one-bedroom, and three-bedroom furnished and unfurnished apartments at 355 N Central Ave, Phoenix, AZ 85004, offering high-end living in the heart of downtown Phoenix. Located steps from the Central Ave Light Rail, with easy access to grocery stores, nightlife, and major employers, this pet-friendly, tech-forward community is ideal for corporate housing, coliving, and extended stays. Rents and deposits can be negotiated depending on how many units leased.
Investment Highlights
- Jr. 1-Bedroom Furnished: Rent: $1,725 | Annual Revenue: $53,484+ | Monthly Profit: $2,507+
- 1-Bedroom Furnished: Rent: $1,975
- Studio Furnished: Rent: $1,590
- 3-Bedroom, 3-Bath Furnished: Rent: $3,750
- Security Deposit: $500 - 1 month’s rent (based on corporate screening)
- Corporate Discounts Available: Savings on application fees, admin fees, parking, and rent for 5+ units leased for 12+ months
Apartment Features
- Fully furnished or unfurnished options with Kenect custom furniture
- High ceilings & floor-to-ceiling windows
- Energy-efficient stainless steel appliances
- Fully equipped kitchens with dishwasher
- Mobile kitchen island (select units)
- Grohe designer finishes & rainfall showers (select units)
- Electronic key fob + Bluetooth entry
- Smart TV included (select units)
- In-unit washer & dryer
- Indoor refuse chutes on each floor
Community Amenities
- Rooftop pool & sundeck
- Fitness center & training bays
- Community workspace & meeting rooms
- Private phone booths & printing/scanning access
- Onsite restaurant & retail shops
- Full-time front desk team & white glove package delivery
- Social events & networking meetups
- Pet-friendly with dog run & pet office pods
- Indoor bike storage
- Overnight courtesy patrol
- Lightning-fast internet access
Nearby Attractions & Distances
- Downtown Phoenix: Walking distance
- Phoenix Sky Harbor Airport: 4 miles (10-minute drive)
- Chase Field (Arizona Diamondbacks): 0.5 miles (5-minute drive)
- Phoenix Convention Center: 0.7 miles (5-minute drive)
- Arizona State University Downtown Campus: 0.2 miles (2-minute walk)
- Phoenix Art Museum: 1 mile (5-minute drive)
Corporate Lease & Volume Discounts
- Minimum Lease Term: 12 months
- Application & Admin Fees Waived for 5+ Units Leased
- Locked Annual Rent Increase for Renewals
- Discounted Parking: $102.99/month for 5+ leased units | $132.99/month for single units
- Housekeeping Services Available ($150 per cleaning)
Requirements for Corporate Housing Partner Approval
- Completed Corporate Application
- Three Current Business References (Preferably in Our Markets)
- Latest Balance Sheet
- Total Units Managed in the U.S.
