History
Construction on Solterra on Fifth Avenue was completed in 2006. The luxury units were initially offered for sale at and asking price of $179,000. With the central Phoenix location and proximity to the just completed light rail 20 of the 60 units sold within the first 45 days on the market. However, the the real estate market dropped dramatically in 2007 and sales came to an abrupt halt. In the latter portion of 2007 the market price dropped well below what the developers had invested in the luxury units and the decision was made to lease the Condominiums until the market rebounded. The developers decision to offer these great units for lease is a potential residents gain and one reason Solterra on Fifth Avenue is such a great value.
Specialties
Located in uptown Phoenix in the heart the Melrose District. Walking distance to Light Rail, Copper Star Coffee and countless dining and night life spots. Community is five years old, gated with elevators, assigned covered parking, resort like community pool. All available units have upgraded paint and new carpet. Granite counters in kitchen and bath, stainless steel appliances, Tile flooring, under mount sinks, walk in closet, ceilings fans in every room and full size washer/dryer in unit. Solterra on Fifth Avenue is a small community tucked right in the middle of some of the most lively entertainment and dining options Phoenix has to offer. Centrally located so the commute to work is a breeze either by car or the light rail one block away. Take advantage of this rare opportunity contact us to set an appointment to see your new home.
