2636 N 41st Ave Phoenix, AZ 85009

Listing agency Colliers - Phoenix, Arizona Show Phone

Listed by Cindy Cooke · License #AZ BR005434000

Source Crexi

Added: Apr 11 Updated: Jul 21 at 12:57PM Checked: Jul 21 at 12:57PM

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Investment Insights

Based on property information with market context.

Phoenix Manor is a 450-unit, mid-century multifamily community constructed entirely of masonry block. The community is predominantly single-story, with a smaller portion of two-story units, and is made up of 38 apartment buildings. A clubhouse and leasing center totaling 16,746 square feet, along with a 6,750-square-foot auditorium, are complemented by a 4,200-square-foot maintenance shop. Residents’ outdoor amenities include two pools, two lagoons, three pavilions, a dog park, a putting green, and four shuffleboard courts. Unit interiors are largely in classic condition, with eight units rebuilt in 2022.

The property is currently operated as active adult, 55+ age restricted apartments. The offering notes that there are no requirements limiting operations to stay targeted toward seniors.

This is an established, well-maintained community with extensive site landscaping that may support modernization depending on an ownership’s objectives.

Key Highlights

• 450‑unit multifamily community on 18.83 acres in Phoenix (18.9 units per acre).
• 38 apartment buildings; masonry block construction with 94% single‑story and 6% two‑story units.
• Clubhouse and leasing center totaling 16,746 SF, plus a 6,750 SF auditorium.

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FAQs

What type of property is this?

Apartment building - Masonry block, mostly single-story apartment community with clubhouse, auditorium, pools, and landscaped grounds.

Where is this apartment building located?

The property is located at 2636 N 41st Ave Phoenix, AZ.

What are key features of this property?

This property features: 450‑unit multifamily community on 18.83 acres in Phoenix (18.9 units per acre).; 38 apartment buildings; masonry block construction with 94% single‑story and 6% two‑story units.; Clubhouse and leasing center totaling 16,746 SF, plus a 6,750 SF auditorium.