The Goldwater Residences is a luxury condo development in Old Town Scottsdale, offering 40 upscale two- to three-bedroom units with large patios and stunning views of Camelback Mountain, Four Peaks, and the Papago Buttes. Located at Goldwater Boulevard and 70th Street, the project includes 7,500 square feet of ground-floor commercial space designed to enhance connectivity with the surrounding arts and entertainment district. Residents will enjoy amenities like an outdoor pool, fitness center, pet park, and terrace while embracing a vibrant community atmosphere. Adlanto, a Spain-based developer, is collaborating with local partners to bring their first U.S. residential project to life, emphasizing avant-garde architecture and luxury living. Sales for the residences have already begun, with nearly 25% reserved to date. This project highlights Old Town Scottsdale’s status as a premier destination for metropolitan living with a strong sense of community.
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A full-service lease is a lease that has one, all-inclusive rental rate which includes both the base lease rate and the operating expenses combined into one figure.
A modified gross lease is a lease where the tenant pays base rent at the lease’s inception, but it takes on a proportional share of some of the other costs associated with the property as well, such as property taxes, utilities, insurance, and maintenance.
A triple net lease is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.
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