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Remodeled Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

16720 E Westby Dr, Fountain Hills, AZ 85268

Multifamily property featuring a pool, private laundry, patios, and covered parking.

Property SizeContact for details
Days on Market142

Property Features for 16720 E Westby Dr

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 5

Amenities

pool
private laundry
patio
covered parking
mountain views
Listing Agency: Russ Lyon Sotheby's International Realty
Listed By: Antonio Pellegrini · License #AZ SA627046000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:37PM

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 Russ Lyon Sotheby's International Realty

Investment Insights

Based on property information with market context.

This five-unit apartment property includes four two-bedroom, two-bath residences and one three-bedroom, two-bath residence. The units have undergone extensive remodeling and each provides private laundry, a patio, and a covered parking space. A swimming pool and large lot add shared outdoor amenities, while mountain views are also present.

Located at 16720 E Westby Dr in Fountain Hills, the property is within walking distance of the town center, restaurants, shopping, grocery stores, and the lake. The unit mix combines four two-bedroom layouts with one larger three-bedroom residence.

Key Highlights

  • Five‑unit apartment property with four two‑bedroom units and one three‑bedroom unit
  • Unit mix includes four 2 bed/2 bath apartments and one 3 bedroom/2 bath apartment
  • Extensively remodeled throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Garden Center Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,224
Businesses Nearby

Demographics for 85268, AZ

24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,172
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
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 - Multifamily property featuring a pool, private laundry, patios, and covered parking.
Where is this apartment building located?
The property is located at 16720 E Westby Dr Fountain Hills, AZ.
What are key features of this property?
This property features: Five‑unit apartment property with four two‑bedroom units and one three‑bedroom unit; Unit mix includes four 2 bed/2 bath apartments and one 3 bedroom/2 bath apartment; Extensively remodeled throughout
(480) 600-1057 Call to check price and availability
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