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Apartment Building Near Loop 101
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Pending

2525 E Siesta Ln, Phoenix, AZ 85050

Siesta 16 is an apartment property in Phoenix with access to the Loop 101 corridor.

Property SizeContact for details
Days on Market140

Property Features for 2525 E Siesta Ln

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Highway Access Yes
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Adam Saylor · License #AZ SA659585000
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:48PM

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.

Siesta 16 is an apartment building at 2525 E Siesta Ln in Phoenix, Arizona. The available property information identifies the asset by name and use but does not provide unit counts, building size, construction details, or operating information.

The property is situated in North Phoenix, less than one mile from the Loop 101 Freeway. The surrounding Deer Valley and north I-17 employment corridors include operations associated with USAA, Honeywell, Wells Fargo, Farmers Insurance, Cigna, ASML, LAM Research, Applied Materials, and Sunlit Chemical. The area is also described as being influenced by Taiwan Semiconductor Manufacturing Company and related suppliers.

Key Highlights

  • Apartment building identified as Siesta 16
  • Located at 2525 E Siesta Ln, Phoenix, AZ 85050
  • Less than one mile from the Loop 101 Freeway

Property Analytics

Current Use

Siesta 16 Hotel & Motel

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Hair Salon Building Supply Nail Salon

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

401
Businesses Nearby

Demographics for 85050, AZ

31,591
Population
13,000
Households
2.4
Avg Household Size
41
Median Age
58%
College-Educated
96%
High-School Grad
14.9 sq mi
ZIP Area
2,120
Density / Sq Mi
$137,389
Median Household Income
$71,401
Median Earnings
$2,200
Median Rent
$564,200
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 - Siesta 16 is an apartment property in Phoenix with access to the Loop 101 corridor.
Where is this apartment building located?
The property is located at 2525 E Siesta Ln Phoenix, AZ.
What are key features of this property?
This property features: Apartment building identified as Siesta 16; Located at 2525 E Siesta Ln, Phoenix, AZ 85050; Less than one mile from the Loop 101 Freeway
More about this property
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