Listing Agency: Berkadia

Listed By: Ryan Boyle · License #AZ SA661064000

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 4:49PM

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Investment Insights

Based on property information with market context.

This multifamily apartment building offers a total of 288 units, providing residential income through a large unit count within a single ownership structure. The property is classified as an apartment building and multifamily residential income asset.

The building is located at 11459 N 28th Dr in Phoenix, Arizona 85029. This listing is offered for sale.

Key Highlights

• Multifamily property for sale with 288 units
• Located in Phoenix, Arizona

Property Analytics

Property Profile

Current Use

Waterfront Apartments Apartment Building Cannabis of Arizona Charitable Organization Ice AC & Air ... HVAC Service Rise Lakeside Real Estate Agency Teenie Tiny Homes Construction Company

Suggested Use

Top Pick Hair Salon Food Market Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

288

Residential units

Location Intelligence

Trade Area within ½ mile

1,375

Businesses Nearby

Explore this area Business Placement

Demographics for 85029, AZ

47,101

Population

19,723

Households

2.4

Avg Household Size

35

Median Age

22%

College-Educated

82%

High-School Grad

9.4 sq mi

ZIP Area

5,011

Density / Sq Mi

$60,384

Median Household Income

$37,282

Median Earnings

$1,319

Median Rent

$307,800

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - For sale multifamily property with 288 units in Phoenix, Arizona.

Where is this apartment building located?

The property is located at 11459 N 28th Dr Phoenix, AZ.

What are key features of this property?

This property features: Multifamily property for sale with 288 units; Located in Phoenix, Arizona