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Garden-Style Apartment Community
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621 N 30th Place, Phoenix, AZ 85008

Low-density garden-style multifamily offering individually metered 1/1 and 2/1 units, semi-private back yards, and covered parking.

Property SizeContact for details
Days on Market134

Property Features for 621 N 30th Place

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 5.7%
Highway Access Yes

Amenities

restricted access
covered parking
courtyard-common area
on-site laundry

Building Details

Construction garden-style
Tenancy Multi
Listing Agency: Real Estate intelligent Marketing
Listed By: Scott Trevey · License #AZ: SA 39099000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate intelligent Marketing

Investment Insights

Based on property information with market context.

Bella Vista Apartments is a low-density, garden-style apartment community with a mix of 1/1 and 2/1 rental units. Each unit is individually metered for electricity and gas. Interiors feature contemporary kitchens with full-size appliances and arcadia-style sliding glass doors that open to semi-private back yards.

The community includes restricted access, covered parking, a spacious courtyard-common area, and an on-site laundry. The property is located just south of the 202 Freeway along the 32nd Street Corridor, providing easy access to the valley freeway system and convenient proximity to employment, entertainment at the Celebrity Theatre, and Sky Harbor International Airport.

Per the provided information, current income and expenses derive a 5.7% CAP at list price, with a projected 6.8% CAP if all rents are moved to current renewal rates.

Key Highlights

  • Low‑density, garden‑style apartment community with a mix of 1/1 and 2/1 rental units
  • Units have Arcadia‑style sliding glass doors to semi‑private back yards and spacious contemporary kitchens with full‑size appliances
  • All units are individually metered for electricity and gas

Property Analytics

Current Use

Bella Vista Apartments Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Barber Shop HVAC Service

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
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 - Low-density garden-style multifamily offering individually metered 1/1 and 2/1 units, semi-private back yards, and covered parking.
Where is this apartment building located?
The property is located at 621 N 30th Place Phoenix, AZ.
What are key features of this property?
This property features: Low‑density, garden‑style apartment community with a mix of 1/1 and 2/1 rental units; Units have Arcadia‑style sliding glass doors to semi‑private back yards and spacious contemporary kitchens with full‑size appliances; All units are individually metered for electricity and gas
More about this property
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