Renovated 23-Unit Apartment
For Sale
Contact for pricing
2201 W Heatherbrae Dr, Phoenix, AZ 85015
23-unit multifamily property featuring all two-bedroom, one-bath layouts, with renovations applied to 16 units.
Property SizeContact for details
Days on Market134
Property Features for 2201 W Heatherbrae Dr
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Phoenix
Listed By:
Paul Bay · License #AZ SA671037000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 11:54AM
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 Marcus & Millichap - Phoenix
Investment Insights
Based on property information with market context.
Aspire Camelback is a 23-unit apartment community on more than an acre and a half of land, with every unit configured as a two-bedroom, one-bath layout. Each unit is approximately 850 square feet. A renovation program has been applied to 16 of the units, with the remaining 7 units still available for future completion.
The property sits just east of 23rd Avenue on Heatherbrae Drive and is roughly two miles from Grand Canyon University. Immediate access to Interstate 17 is also noted in the offering, supporting connectivity to other parts of the Valley.
The current unit renovations provide a stated path to complete the program on the remaining units. The materials also reference an associated $200 rental premium based on rents achieved by comparable properties in the submarket.
The property sits just east of 23rd Avenue on Heatherbrae Drive and is roughly two miles from Grand Canyon University. Immediate access to Interstate 17 is also noted in the offering, supporting connectivity to other parts of the Valley.
The current unit renovations provide a stated path to complete the program on the remaining units. The materials also reference an associated $200 rental premium based on rents achieved by comparable properties in the submarket.
Key Highlights
- Aspire Camelback is a 23‑unit multifamily community with all units configured as 2‑bedroom, 1‑bath apartments.
- All units are 850 SF, two‑bedroom one‑bath layouts across the 23‑unit apartment community.
- Renovation program applied to 16 units, with the remaining 7 units not yet renovated.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 23-unit multifamily property featuring all two-bedroom, one-bath layouts, with renovations applied to 16 units.
Where is this apartment building located?
The property is located at 2201 W Heatherbrae Dr Phoenix, AZ.
What are key features of this property?
This property features: Aspire Camelback is a 23‑unit multifamily community with all units configured as 2‑bedroom, 1‑bath apartments.; All units are 850 SF, two‑bedroom one‑bath layouts across the 23‑unit apartment community.; Renovation program applied to 16 units, with the remaining 7 units not yet renovated.
