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21050 N 23Rd Ave Phoenix, AZ 85027

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For Sale
$3,600,000

Eight modern townhomes near major Phoenix employment and entertainment.

Property size:
12,000 SF
Lot size:
0.47 Acres

Property Features for 21050 N 23Rd Ave

General Information

Standard status
Active
Zoning
R-5
Size
12,000 SF
Lot size
0.47 Acres

Building Details

Year built
2023

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Listing Contact
Brian Tranetzki
Brian Tranetzki
Source: Crexi

Listing Agency: CBRE - Phoenix Listing Agent: Brian Tranetzki

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

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Overview

New Phoenix Townhome Multifamily Investment

Loft23 Townhomes, constructed in 2023, presents a multifamily investment opportunity. Located at 21050 N 23rd Avenue in Phoenix, Arizona, the property features eight townhome units. Each unit includes three bedrooms, two and a half bathrooms, and approximately 1,500 square feet of living space, along with a private garage and back patio. The property is positioned north of Arizona State Route 101 and Interstate 17, providing access to employment corridors and entertainment destinations throughout Metro Phoenix. Key demand drivers include proximity to the new TSMC semiconductor campus (10 minutes away), HonorHealth Deer Valley Medical Center (1.4 miles), and Deer Valley Middle School and Barry Goldwater High School (1 mile). Outdoor recreation is accessible at Cave Buttes Recreation Area, Sonoran Preserve Desert Vista Trailhead, and Union Peak. The location offers access to Loop 101 and I-17, facilitating commutes to North Phoenix, Uptown and Midtown Phoenix, and the Biltmore District. The property totals 12000 square feet. The property's design, location, and limited supply of comparable product in the submarket position it for tenant retention, rent stability, and appreciation.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.1091258
Latitude
33.6779825

FAQs

What type of property is this?
Apartment building - Eight modern townhomes near major Phoenix employment and entertainment.
Where is this apartment building located?
The property is located at 21050 N 23Rd Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: - Newly built in 2023, offering modern construction and design.; - Located near major employment hubs, including the TSMC semiconductor campus and HonorHealth Deer Valley Medical Center.; - Convenient access to Loop 101 and I-17, providing seamless connectivity to Metro Phoenix.
More about this property
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