MARICOPA County, AZ Multi-Family Commercial Real Estate
41 results
Address
Asking Price
FOUNTAIN HOME
8129 E Fountain St
Mesa, AZ
Building Size:2,783SF
$450,000
Palm Home
1214 N Palm St
Sun View, Gilbert, AZ
Building Size:3,282SF
$450,000
The Franciscan Apartments
4235 N 35th Ave
Alhambra, Phoenix, AZ
Building Size:114,028SF
The Franciscan is a stabilized asset with significant value-add potential. The propertyfeatures block construction with pitched, asphalt shingled roofs and a combination ofsingle and two-story buildings.The property is centrally located with strong drive-by exposure on the heavily traveled35th Avenue, and less than one mile away from Grand Canyon University with a groundstudent base of 19,000+ students and state of the art facilities.Dominant mix of two and three bedroom units which caters well to the areas workforce.Excellent upside in operations due to value-add opportunities, as well as improvementin rent levels due to a marketwide lack of affordable housing.
$16,950,000
San Fernando Apartments
4150 E Main St
The Groves, Mesa, AZ
Building Size:376,989SF
$45,000,000
The Ivy off Central
222 E Cody Dr
South Mountain, Phoenix, AZ
Lot Size:4.68Acres
$12,200,000
675 South Apartments
675 S Roosevelt St
Riverside, Tempe, AZ
Building Size:18,934SF
2009 ConstructionWalking Distance to Arizona State University/Downtown TempeCondominium Mapped2 + 3 Story Townhome UnitsPrivate Attached GaragesConcrete Block & Steel Construction
$4,650,000
The Onyx Apartments
719 E Roeser Rd
South Mountain, Phoenix, AZ
Lot Size:1.01Acres
TBD The property consists of twenty, 2-bedroom, 1-bathroom units situated on 1.01 acres of land. There is an additional 0.44 acre parcel of vacant land available to develop. Each unit is approximately 800 square feet, in five buildings totaling 16,000 square feet according to the county assessor.
$3,000,000
518 E Western Ave
Historic Avondale, Avondale, AZ
Building Size:10,987SF
$1,400,000
Studios on Roosevelt
2201 E Roosevelt St
Central City, Phoenix, AZ
Building Size:9,900SF
$2,100,000
University Court
1223 W University Dr
Gililland, Tempe, AZ
Building Size:2,849SF
$725,000
ALOHA APARTMENTS
445 N Arizona Ave
Chandler, AZ
Building Size:11,664SF
$1,900,000
The Flats at 2030
2030 W Indian School Rd
Encanto, Phoenix, AZ
$17,000,000
LEX on Portland
536 E Portland St
Central City, Phoenix, AZ
Lot Size:0.64Acres
LEX on Portland, is a RE-DEVELOPMENT OPPORTUNITY located at the corner of 7th Street and Portland within the Artisan Arts District of downtown Phoenix. Designed by Humphreys and Partners Architects LEX on Portland is a highly efficient and modern 103 unit Luxury Complex with all the amenities (see financials labeled New Construction Stabilized). There is an existing 32 Unit complex on the site called Lexington Apartments (see financials labeled Existing 32 Unit Complex). When you live at LEX on Portland, youre in the heart of downtown Phoenix, so youll enjoy urban living at its finest. Take a walk to various eateries including Carlys Bistro, Scratch, Songbird Coffee & Tea House and many more. Art is all around you when you live at LEX on Portland. Were located on the strip of the largest art walk in the state of Arizona and within walking distance of the Heard Museum for Native American Art and History as well as the Phoenix Art Museum. Want to get away for the day? Catch the Light Rail, located just 3 blocks from our community, and head to Mill Avenue in Tempe where youll discover more restaurants, entertainment venues, shops, boutiques and art studios. Choose from a one or two bedroom urban dwelling and enjoy luxurious finishes and amenities. Relieve some stress at the 24-hour modern fitness center or cool off and enjoy the views in the resort style rooftop swimming pool. Hang out with friends at the outdoor grilling area or in the game room. Conveniently located to the well acclaimed schools and academic facilities in the city. LEX on Portland offers everything you want and need!
$3,600,000
2220-2222 N 27th Street
2222 N 27th St
Camelback East, Phoenix, AZ
Lot Size:0.50Acres
Built in 1981, this 10-unit apartment building is located in Phoenix, Arizona. Consisting of 2 parcels, this 21,964 sq.ft lot is located in near the Grand Canal Trail just North East of the center of Phoenix. This property has an ideal unit mix of six 1 bedroom/1 bathroom units and four 2 bedroom/1 bathroom units totaling 5,768 sq.ft.
$1,275,000
W Osborn Portfolio
1611 W Osborn Rd
Encanto, Phoenix, AZ
Lot Size:0.36Acres
Two side by side value-add triplexes for a total of 6 units located in the North Encanto neighborhood of Phoenix, Arizona. Living in Encanto offers residents an urban-suburban mix feel and most residents rent their homes. In Encanto, there are restaurants, coffee shops, and parks that are abundant in the area. Many families and young professionals live in Encanto. With very few downsides in the area, it is adequately supplied with all of the elements that make a city liveable. This property offers investors a potential upside bringing under market rental rates to current market stabilization.
$960,000
3220 N 66th St
South Scottsdale, Scottsdale, AZ
Lot Size:0.18Acres
3220 N 66th St is ideally located in the north part of Holiday Park near Osborn Avenue in Scottsdale. The property consists of four units that have been completely renovated including new appliances. Built-in 1960, this 4-unit building consists of (2) 2-bedroom / 1-bathroom units and (2) 1-bedroom / 1-bathroom units. This is an amazing opportunity for an investor to create a sought after living situation in Old Town Scottsdale.
$825,000
1029 E Garfield St
Central City, Phoenix, AZ
Building Size:1,293SF
$180,000
SEC 7TH & PIERCE ST.
Central City, Phoenix, AZ
Building Size:3,886SF
$2,800,000
Twillingate
7141 N 19th Ave
Alhambra, Phoenix, AZ
Twillingate is a 52-unit garden-style apartment community located in central Phoenix.
$4,400,000
Soleil Apartments Homes
725 N Dobson Rd
Chandler, AZ
Lot Size:9.73Acres
High Quality Asset in Prestigious Location
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Big Price Reduction / Turnkey opportunity for this well established Upscale Assisted Living Home Facility
1002 W. Las Palmaritas Drive
North Mountain, Phoenix, AZ
Lot Size:0.31Acres
Secluded Neighborhood in North Phoenix at the highly desirable Royal Palms Neighborhood close to I-17 and SR 51 Big Price Reduction / Turnkey opportunity for this well established Assisted Living Home Facility. Subject property is located in a quiet secluded neighborhood in North Phoenix in the highly desirable Royal Palms Neighborhood close to I-17 and SR 51. In 2009 the Home was completely demolished and then totally new built for an upscale Assisted Living Home with a capacity of 10 beds. This modern building has a magnificent large entrance and large entrance hall with a grand Piano. There is a big kitchen and dining area. The decor is outstanding; it has ten private rooms, all with private baths. There is a magnificent front entrance with great landscaping of many trees, plants and flowers. It also has a 2 car garage which could be turned into 2 more bedrooms (check with the city of Phoenix). Stunning backyard with an approximately 100 SF patio, custom rock landscaping, large freestanding open fireplace and a large BBQ area. Included is the Business with all resident contracts, furnishing and fixtures; great business and investment opportunity. NO VIEWING OF PROPERTY WITHOUT AN APPOINTMENT.
$1,290,000
CAROLE ARMS
2550 W Hazelwood St
Alhambra, Phoenix, AZ
Due to its central location, the property has immediate access to Grand Canyon University, the Maricopa County Freeway system, Downtown Phoenix, and Sky Harbor International Airport
$2,750,000
STAPLEY PLACE
654 S Stapley Dr
United Amigos, Mesa, AZ
Stapley Place is an attractive 46-unit, garden-style multifamily community located in Mesa, Arizona
$3,300,000
11 West McLellan Boulevard
11 W McLellan Blvd
Alhambra, Phoenix, AZ
Lot Size:0.21Acres
Located amidst the Central Corridor Estates and within a short bike ride to some of the most predominantly located restaurants and shopping in the city, this is truly a rare find.
$610,000
Condo (9) Investment Portfolio BULK SALE
7002 E Hubbell St
South Scottsdale, Scottsdale, AZ
Lot Size:0.25Acres
Palms Villas is conveniently located in the heart of South Scottsdale near the intersection of two major thoroughfares, Scottsdale Rd & McDowell Rd. The property is settled into a quaint residential neighborhood with close proximity to numerous retail, recreation, and entertainment amenities. Palm Villas Bulk Sale Opportunity gives an investor the opportunity to purchase 9 fee simple condominium units in South Scottsdale. This value add opportunity provides an investor with multiple exit strategies while increasing rents and cash flowing day 1. The community was built in 1963 of block construction and consists of 106 total residential condominiums. All 9 units offer single story open floor plans at 840/sf each, consisting of 2 beds & 1.5 baths. Palm Villas bulk condominium sale offers fee simple units with low maintenance and professionally managed HOA.The HOA will be completing exterior paint and upgrades during 2017. Palms Villas is conveniently located in the heart of South Scottsdale near the intersection of two major thoroughfares, Scottsdale Rd & McDowell Rd. The property is settled into a quaint residential neighborhood with close proximity to numerous retail, recreation, and entertainment amenities. ASU’s premier innovation center, SkySong, is within walking distance of Palm Villas. SkySong features over 40 acres of mixed use space in South Scottsdale encouraging major economic growth in the South Scottsdale submarket. The property is just minutes from Tempe, home of Arizona State University. Arizona State is one of the nation’s largest universities, with over 82,000 students and 3 miles from Scottsdale Fashion Square & Old Town Scottsdale, with over 3 million square feet of shopping, dining, entertainment, and night life. Palm Villas also has near immediate access to major thoroughfares, public transportation, and Valley Freeways, including the Loop 101 & 202, providing access to the entire Valley.
$899,000
Phoenix Central Ave. Multifamily
67 E Roanoke Ave
Encanto, Phoenix, AZ
Lot Size:0.54Acres
De Novo is located in the Uptown Multifamily Submarket in the City of Phoenix Infill Development District. The area has been experiencing unprecedented growth, gentrification, and rental demand over the last few years. Only a 2 minute walk to the Valley’s Metro Light Rail System on Central Avenue & Thomas Rd and access to a variety of local restaurants & entertainment destinations such as; Huls’s Mondern Tiki, Lux Café, Postino’s on Central, Windsor, Flower Child, St. Francis, Sauce, Joyride Taco House, Federal Pizza, Taco Guild, Nook, FEZ, the Newton & more. Direct access to the Phoenix Sky Harbor Airport via the light rail is also available. The Central Phoenix neighborhood boasts the highest concentration of employment in the state with nearly 120,000 employees, more than 20 million square feet of office space, and over $4 billion of infrastructure & Investments made within a couple miles of De Novo, including the growing Downtown ASU Campus, College Of Nursing & Healthcare Innovation, Phoenix Biomedical Campus, U of A’s College of Medicine and Cancer Research Center. Some other major area employers of note include the City of Phoenix, Wells Fargo, JP Morgan Chase, Quarles & Brady, Cigna Healthcare, Banner Healthcare, United Healthcare, Freeport McMoRan, and Snell & Wilmer. De Novo on Roanoke is a two level, mid-century modern, multifamily community originally built in 1960, fully reconstructed in 2016. De Novo on Roanoke is literally brand new construction in the heart of Central Phoenix with over one million dollars in capital improvements. The strategic repositioning of this asset is clearly measured through extensive interior & exterior renovations showing a true pride of ownership. Extensive capital infusion has succeeded in the ownership’s objectives of increasing revenue & minimizing operating expenses, while drastically improving the tenant profile. De Novo consists 50% 2 & 1 bedroom units and all come equipped with, porcelain tile flooring, new kitchen cabinets & quartz counter tops, new stainless steel appliance packages, and exquisite fog glass backsplash tile. All units have brand new individual electric water heater & stackable washer & dryers. This exceptionally remodeled & repositioned property gives an owner a brand new, turn-key asset in one of Central Phoenix’s coolest & trendiest locations for apartment living, otherwise known as Uptown. Further upside can still be achieved with rental growth and aggressive management. Property is 100% leased today with significant rental upside. De Novo on Roanoke has exceptional curb appeal with sandblasted mid-century block construction and new color scheme consisting of Castaway Blue off set with Driftwood Orange covered fascia boards. A new owner will be able to take advantage of the minimal expense necessary to run a completely reconstructed & remodeled apartment complex. De Novo comes with a brand new roof, brand new plumbing, and brand new electrical throughout. Tenants can feel secure with the newly installed steel security gates, which open to a resurfaced lot leading to parking in the back. Once inside the courtyard, tenants are provided with a complete landscape redesign,blue-grey pavestone paver walkways, semi-private patios, and stainless steel BBQ area. The design and comfort level will provide tenants with a true pride of ownership feel and interactive community.
$3,350,000
HADOW PALMS
6320 N 63rd Ave
Glendale, AZ
Lot Size:1.33Acres
Individual Electric Meters, 35 new water heaters
$3,200,000
WILLIAMS HERITAGE
611 S Hardy Dr
Riverside, Tempe, AZ
$969,000
Royal Palms
4525 N 74th St
South Scottsdale, Scottsdale, AZ
$1,860,000
VISTA PALMS
602 S 17th Ave
Central City, Phoenix, AZ
$850,000
SPANISH VILLAGE
7208 & 7211 EAST HO ROAD & 7212 EAST HO HUM ROAD
Carefree, AZ
Building Size:24,566SF
$3,275,000
Olive Apartments
447 S Olive
Mesa, AZ
Lot Size:0.77Acres
The Olive Apartments are located close to just about everything Mesa has to offer. With Historic Downtown Mesa located just a few blocks away and the spring training homes of both the Chicago Cubs and Oakland Athletics just a few miles further, its central location in Mesa offers residents plenty of entertainment options in the spring! Additionally for year round fun, Mesa Riverview and Tempe Marketplace are just a short drive away. Olive Apartments is also a commuters dream, the Center & Main PHX Lightrail Stop provides commuters access to ASU, Downtown Tempe, Phoenix Sky Harbor Airport, Downtown Phoenix and Glendale. To the north lies the Loop 202 and to the south is the US-60 connected by Country Club Dr providing car commuters easy access to the rest of the PHX metro area and beyond. SVN Desert Commercial Advisors is excited to announce the availability of the Olive Apartments, an 11 unit apartment building in Central Mesa. These 11 units are situated on just over 3/4 of an acre of land containing a large central courtyard which a new owner could do just about anything with. Resident amenities include covered parking, as well as an on-site laundry facility. The building was constructed in 1977 with reinforced concrete, pitched wood roofs, and are all individually metered for electricity. Olive Apartments is comprised of 11, highly desirable 2 bed, 1 bath 753 sqft units. Ownership has focused on making capital improvements to the property over the length of their hold, these improvements include 11 new A/C units, new coin-operated W/Ds for the laundry facility, a fresh coat of paint, as well as hot water heaters for units that needed them! All 11 of the units are 2 Bed, 1 Baths that are currently renting well below the market at an average of $713/unit. A new owner would be able to raise rents to $875/unit with light cosmetic improvements to the interiors. Additionally, there is an opportunity for a possible RUBs implementation and pet rent to increase operating income further.
$1,150,000
4204 N 17th St
4204 N 17th St
Camelback East, Phoenix, AZ
Lot Size:0.59Acres
Join others along this area of 17th street that are improving this rapidly improving workforce housing street DRIVE BY ONLY - DO NOT ENTER THE LOT OR THIS WILL BE CONSIDERED TRESSPASING SVN Desert Commercial Advisors is excited to announce the availability of this 12 unit apartment complex located at 4204 N 17th St. This workforce housing complex will provide an investor with an excellent value add proposition or the option to keep in place the affordable housing master lease. The building is currently occupied by a master lease that occupies every unit in this building. The building can be sold with the tenant in place or it will be delivered 100% vacant. If the option to remove the tenant is exercised all units will be cleaned and general repairs and maintenance will be conducted before the close of escrow. The master leased tenant pays for utilities, unit turns, turnover as well as general repairs and maintenance. The Landlord is responsible for taxes, building insurance, landscaping as well as any big ticket capital expenditures that are caused by natural wear-and-tear. The buyer will be able to negotiate for a 10% rent increase in September 2022. The program that is occupying this building is subsidized by the government and has been using the building for over 15+ years. If bought vacant this property would be an excellent short term rental property with some initial capital improvements. Or an investor could instead place market rate tenants into the property.
$2,400,000
4410 North Black Canyon Highway
4410 N Black Canyon Hwy
Alhambra, Phoenix, AZ
Lot Size:0.30Acres
• ±0.3 Acres (13,068 SF) south of Camelback Rd & Black Canyon Hwy
• R-5 Multifamily Zoning
• Parcel #: 154-18-018
• Dense and proven rental market within minutes of major employers and conveniences
• Easy navigation along Black Canyon Hwy frontage road
• Minimal site prep required
• Utilities to property
• Minutes to Downtown Phoenix, Sky Harbor International Airport, Metro Center, major employers and more
• Excellent freeway access
• Walking distance to bus line
• Just outside of Opportunity Zone
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FQ Story Apartments - 14 Units
1214-1226 W Roosevelt St & 1001, 1003, 1005 N 13th Ave
Central City, Phoenix, AZ
Lot Size:0.49Acres
Downtown Phoenix. NEC of W. Roosevelt St & N 13th Ave. COURT ORDERED SALE. This 14-unit apartment complex is located near Roosevelt Row, one of the hottest areas of Downtown Phoenix scene. Part of the F.Q. Story historic neighborhood, the property is conveniently located just south of the I-10 and within walking distance of local restaurants, shops, entertainment, and the Grand Avenue Arts District! The adjacent 6 unit apartment complex is also for sale.
$1,600,000
FQ Story Apartments - 6 Units
1206-1212 W Roosevelt Street
Central City, Phoenix, AZ
Lot Size:0.32Acres
Downtown Phoenix. NEC of 13th Ave & Grand Ave. COURT ORDERED SALE. This 6-unit apartment complex is located near Roosevelt Row, one of the hottest areas of Downtown Phoenix scene. Part of the F.Q. Story historic neighborhood, the property is conveniently located just south of the I-10 and within walking distance of local restaurants, shops, entertainment, and the Grand Avenue Arts District! The adjacent 14 unit apartment complex is also for sale.
$780,000
Waterfall
E Chandler Blvd & S Lakeview Blvd
Chandler, AZ
Building Size:154,804SF
$31,588,000
Hayden Lane Duplexes
1909 & 1915 E Hayden Ln
Alegre Community, Tempe, AZ
Building Size:3,600SF
$799,995
The Grove on 37th St
3120 N 37th St
Camelback East, Phoenix, AZ
Lot Size:1.00Acres
The Grove on 37th is located at 3010 - 3120 North 37th Street in Phoenix, Arizona, also known as Arcadia Lite. In recent years this area as seen a boom in development & redevelopment as affluence moves south of Indian School Rd. The 3010 lies just north of Thomas Rd and 3120 is about a quarter mile north of Thomas Rd, a major east-west thoroughfare lined with several retail centers, service centers, and restaurants, running through Phoenix. Residents at The Grove have a unique advantage to capitalize on the centrality between Scottsdale, Tempe, Arcadia, and Camelback Corridor. Accessibility to shopping, dining, and entertainment is walking distance in nearly all directions and there is no shortage of new hip bars & restaurants nearby, which have been driving development in residential living in the area. Nearby restaurants include Postino, The Henry, Flower Child, Chelsea’s Kitchen, The Vig, La Grande Orange Grocery & Pizzeria, Chestnut Fine Foods, , Arcadia Tavern, Over Easy, O.H.S.O Eatery, , Steak 44, North Italia, The Yacht Club, The Little Woody, Crudo, Zipp’s, plus many others. Plus, any & all shopping needs can be accessed via Thomas & 44th St at Arcadia Crossing shopping center anchored by Fry’s, Target, and Costco. Major freeway access to the Loop 202 is available via the 44th St & 32nd Street on-ramp located less than two miles south of the property allows ready access to Metro Phoenix and major jobs cores. The Grove on 37th consists of 14 units on separate parcels, both fronting on 37th St. Each property consists of 7 single-family attached style units all built in 2017. All units consist of two stories, three-bedroom/two-and-a-half bathroom spacious floor plans. The average unit size 1,657 square feet and most are equipped with a 2-car garages. Built of wood frame construction and painted stucco with flat roofs. All units have roof mounted individual HVAC units and utility costs associated with heating and cooling are the responsibility of the tenant. The property is individually-metered for electricity and each unit has their own hot water heater. Tenants are also responsible for the cost of water, sewer, & trash. Having individually platted fee simple Single Family Residential Attached units provides an owner with minimal, if not zero utility costs, which is the benefit of the SFR Build For Rent model.
$4,299,900
Glenrosa Gardens
2420 W Glenrosa Ave
Alhambra, Phoenix, AZ
Lot Size:1.00Acres
19th Ave & Indian School Value Add, 16 Unit Apartment Complex Located in the Opportunity Zone. Take advantage of the perfect opportunity to invest in this improving area. Garden Style apartments with block construction. All HVAC units replaced approximately 5 years ago. New architectural shingle roof installed approximately 5 years ago. Rents below market with thousand of upside income potential. Unit Mix consist of 13 large 2 bedroom 1 bathroom units and 3 - 1 bedroom 1 bathroom units 1. Apartment complex is 100% leased. Located within 1/2 Mile of Light rail station.
$1,400,000
Courtyards at Madison Ranch
1826 W Pollack St
South Mountain, Phoenix, AZ
Lot Size:0.05Acres
Courtyard at Madison Ranch is located in Phoenix, Arizona. More specifically, the property is part of the Southwest Phoenix submarket directly across from the South Mountain Pavilion Shopping Center, a major power center, offering residents over 230,000/sf of national & regional retailers on the signalized corner of West Baseline Road and South 19th Avenue. Only 2 miles east on Baseline Rd is a Fry’s Food & Grocery Store as well. The community offers excellent drive by visibility with major frontage on 19th Ave and West Baseline Rd is one of the most traveled thoroughfares south of the I-10 Freeway. South 19th Avenue has direct on and off-ramp access to I-10 and is a major north/south thoroughfare in Phoenix. It is very hard to find such quality living for at affordable prices with all the necessary amenities residents desire, but the Courtyards at Madison Ranch have exceeded expectations. This 82 Home Build For Rent Single Family Residential Investment Portfolio is located in the beautifully designed & gated community in the Courtyards at Madison Ranch. This subdivision is well positioned in the growing Southwest Phoenix submarket, only 5 miles from downtown Phoenix and minutes away from the largest municipal park in the country, South Mountain Park. This Build For Rent (BFR) investment opportunity consisting of 82 Build For Rent (BFR) Detached Single Family Residential Rental investment properties have already begun construction. Residents in the Courtyards at Madison Ranch find great appeal within the securely gated community. Perfect for families looking for well-designed homes with expansive greenbelt areas, pedestrian friendly walkways, picnic areas, playgrounds, gated community pool, and soccer field in the heart of the community for the kids to practice & play! The community, via in place HOA, meticulously maintains front yard landscaping. These 82 quality new build homes for rental investment features an opportunity for Buyer to purchase homes at Certificate of Occupancy and place tenants prior to completion so the investment is immediately cash flowing. Currently, 6 homes are ready for immediate purchase and another 7 will be available at Certificate of Occupancy in October of 2017. This provides an investor an opportunity to have immediate cash flow with the purchase of the first six homes while pre-leasing the next seven to be delivered shortly thereafter. The Courtyard at Madison 82 Home Build For Rent (BFR) portfolio offers almost no capital expenditures for several years after occupancy. The Developer/Builder here is a seasoned Builder, with vast experience in the regional market place and is well known for quality & integrity. Our 82 BFRs offer spacious floor plans throughout, all two story 3 & 4 bed and 2.5 bath homes with two car garages. Rental rates today are between rents between $1450-$1700 per month for these beautiful homes. Pre-Leasing can begin once homes are under contract, as some homes are available for immediate purchase and Builder can quickly finish out the remaining by Q2 of 2018, offering buyer very near term cash flow with a conservatively anticipated year 1 stabilized Cap Rate of 5.69%. Courtyards at Madison Ranch can provide immediate cash flow and return on your investment from day one!
$20,768,000
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Market Stats
MARICOPA has 16,191 commercial real estate spaces for lease, representing 260,136,235 sqft space.
4493 buildings are available for sale.
In the past 30 days, MARICOPA has had 2550 spaces leased and 3 new spaces come on market.
Metropolitan areas in MARICOPA County, AZ
Cities in MARICOPA County, AZ
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