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Land Ready for Apartment Development

20405 N Estrella Parkway, Maricopa, AZ 85139

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Land with approved plans for 195-unit apartment complex.

Type:Multifamily

HighLights

Nearly fully approved construction drawings for a 195‑unit garden‑style apartment complex.
Completed rezoning allows for immediate development.
Includes 70+ rentable garage spaces, providing a valuable amenity and revenue stream.
Comprehensive amenity package: pool, pet amenities, and clubhouse.
Diverse unit mix: 1, 2, and 3‑bedroom units catering to a wide range of renters.
High parking ratio: 399 total parking spaces.

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Shane Cook

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For Sale

Contact for pricing

Land with approved plans for 195-unit apartment complex.

Type:Multifamily

Added:: Oct 30, 2023
Days on Market:: 959
Last Refresh:: May 12 at 9:14 pm

Property Features for 20405 N Estrella Parkway

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Shane Cook

Listing agent Shane Cook License #SA5857170000

Listing office EXP Realty - Cook

Listing date Oct 30, 2023

Source Crexi

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 EXP Realty - Cook

HighLights

Nearly fully approved construction drawings for a 195‑unit garden‑style apartment complex.
Completed rezoning allows for immediate development.
Includes 70+ rentable garage spaces, providing a valuable amenity and revenue stream.
Comprehensive amenity package: pool, pet amenities, and clubhouse.
Diverse unit mix: 1, 2, and 3‑bedroom units catering to a wide range of renters.
High parking ratio: 399 total parking spaces.

Overview

This property features completed rezoning and nearly fully approved construction drawings for a 195-unit garden-style apartment complex development. The plans include over 70 garages, a pool, pet amenities, and a clubhouse. The maximum density is 20 units per acre, with a proposed density of 19.17 units per acre. The unit mix consists of 78 one-bedroom units, 99 two-bedroom units, and 18 three-bedroom units. There are 14 garage buildings, each with 5 spaces, providing 70 rentable garage spaces. The development includes a total of 399 parking spaces. This project is nearly ready for construction.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

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Local Demand

City: Maricopa
County: Pinal
State: Arizona
Longitude: -111.932
Latitude: 33.0073

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For sale
Commercial land
AZ
Maricopa
85139
20405 N Estrella Parkway

What type of property is this?

Commercial land - Land with approved plans for 195-unit apartment complex.

Where is this commercial land located?

The property is located at 20405 N Estrella Parkway Maricopa, AZ.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Nearly fully approved construction drawings for a 195‑unit garden‑style apartment complex.; Completed rezoning allows for immediate development.; Includes 70+ rentable garage spaces, providing a valuable amenity and revenue stream.