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Garden-Style Multifamily Community
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3001 N Black Canyon Hwy, Phoenix, AZ 85015

Garden-style multifamily asset with 214 units and interior upgrades completed in 44% of homes.

Property SizeContact for details
Days on Market123

Property Features for 3001 N Black Canyon Hwy

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 214

Building Details

Construction garden-style
Listing Agency: Berkadia
Listed By: Ryan Boyle · License #AZ SA661064000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 7:53AM

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 Berkadia

Investment Insights

Based on property information with market context.

This garden-style multifamily property offers 214 units and is professionally owned and managed. A substantial portion of the community’s interiors has been renovated, with current ownership investing capital to upgrade 44% of units to various completion levels.

Platinum and Diamond renovation packages include vinyl flooring, resurfaced cabinets and countertops, a new appliance package, LED lighting, removal of popcorn ceilings, newly tiled showers, and upgraded hardware. The property notes that Platinum and Diamond units are renting for premiums up to $375.

The remaining units are described as having various upgrade levels, supporting phased improvements across the community.

Key Highlights

  • 214‑unit garden‑style multifamily community
  • 44% of interiors renovated by current ownership as part of an interior upgrade program
  • Platinum and Diamond renovations include vinyl flooring, resurfaced cabinets and countertops, and a new appliance package

Property Analytics

Current Use

Palisade Park Apartment Complex The Kinki Kave Public Bathroom Air Land Ocean ... Travel Agency Emergency Dentist Dental Office All For One Pool ... Renovation Specialist

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Nail Salon Spa & Massage Center Hair 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

214
Residential units

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

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

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 - Garden-style multifamily asset with 214 units and interior upgrades completed in 44% of homes.
Where is this apartment building located?
The property is located at 3001 N Black Canyon Hwy Phoenix, AZ.
What are key features of this property?
This property features: 214‑unit garden‑style multifamily community; 44% of interiors renovated by current ownership as part of an interior upgrade program; Platinum and Diamond renovations include vinyl flooring, resurfaced cabinets and countertops, and a new appliance package
More about this property
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