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4120 N 45Th Pl Phoenix, AZ 85018

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For Sale
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Boutique 10-unit apartment community in Phoenix's desirable Arcadia neighborhood.

Building Details

Year built
1960

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Listing Contact
Ryan Ash
Source: Nmrk

Listing Agent: Ryan Ash

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Arcadia Neighborhood Apartment Community

The Ark Apartments is a 10-unit community located in the Arcadia neighborhood of East Phoenix, offering views of Camelback Mountain. This property presents a rare opportunity for investors due to the limited number of multifamily communities in this sought-after neighborhood. The community is located within minutes of several of Arizona’s premier resorts, including The Global Ambassador, Royal Palms, Sanctuary at Camelback Mountain, the Phoenician, and Mountain Shadows. The Arcadia neighborhood is a popular rental location in Metro Phoenix, driven by the Camelback Corridor, which features a mix of Class A office space, high-end retail, and restaurants. Nearby hotspots include La Grande Orange, Postino’s, The Vig Arcadia, The Porch, OHSO, Hillstone, Tarbell’s, Zipp’s, Buck & Rider, Chestnut, Flower Child, and Pita Jungle. The Global Ambassador, a 5-star hotel that opened in 2024, is one block north of the community and offers dining options such as the Pink Dolphin poolside bar, Le Ame Parisian Steakhouse, Thea Mediterranean Rooftop, and Le Market. The Arcadia neighborhood has high demand and some of the highest rents and sales values in Metro Phoenix. The property features modern home quality interior improvements and amenities, as well as quality exterior capital improvements. It is located minutes from Old Town Scottsdale and offers outdoor recreation opportunities.
Location Intelligence

Current Use by Public Records

Beverley Apt Hotel Ark Aprtments Apartment Building

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-111.9834188
Latitude
33.4954895

FAQs

What type of property is this?
Apartment building - Boutique 10-unit apartment community in Phoenix's desirable Arcadia neighborhood.
Where is this apartment building located?
The property is located at 4120 N 45Th Pl Phoenix, AZ.
What are key features of this property?
This property features: - Rare investment opportunity in the highly desirable Arcadia neighborhood.; - Prime location in Metro Phoenix's hottest rental market.; - Proximity to high-end retail, trendy restaurants, and popular hotspots.
More about this property
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