Thomas Suites Apartment
For Sale
Contact for pricing
Pending
2333 E Thomas Rd, Phoenix, AZ 85016
Former hotel property with a planned 182-unit multifamily conversion and access to major Phoenix routes.
Property SizeContact for details
Days on Market145
Property Features for 2333 E Thomas Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
JLL - Phoenix, Arizona
Listed By:
Jeff Seaman · License #AZ SA551921000
(602) 295-1660
Source:
Crexi
Added: Apr 12
Changed: Sep 2
Last Checked: Aug 31 at 9:57PM
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 JLL - Phoenix, Arizona
Investment Insights
Based on property information with market context.
Thomas Suites is an apartment-building conversion opportunity at 2333 E Thomas Rd in Phoenix. The property previously operated as an Embassy Suites and is associated with a proposed 182-unit multifamily redevelopment. The conversion site plan was expected to receive city approval in August 2024.
The property is positioned at the intersection of 24th Street and Thomas Road, with access to Arizona Route 51 and Loop 202. Phoenix Sky Harbor International Airport is also identified as an accessible regional destination. Restaurants, shopping centers, and recreational facilities are cited in the surrounding area.
The property is positioned at the intersection of 24th Street and Thomas Road, with access to Arizona Route 51 and Loop 202. Phoenix Sky Harbor International Airport is also identified as an accessible regional destination. Restaurants, shopping centers, and recreational facilities are cited in the surrounding area.
Key Highlights
- Planned conversion to a 182‑unit multifamily property
- Previously operated as an Embassy Suites
- Conversion site plan expected city approval in August 2024
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 85016, AZ
37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Former hotel property with a planned 182-unit multifamily conversion and access to major Phoenix routes.
Where is this apartment building located?
The property is located at 2333 E Thomas Rd Phoenix, AZ.
What are key features of this property?
This property features: Planned conversion to a 182‑unit multifamily property; Previously operated as an Embassy Suites; Conversion site plan expected city approval in August 2024
