Property summary
Ideally positioned just south of Central Phoenix's largest major employment corridor, East Fillmore (“the property”) is a 41-unit multifamily community located west of 32nd Street on Fillmore Street. The property sits minutes from the desirable Midtown submarket, surrounded by the growing lifestyle opportunities the immediate area offers. The Property’s nearby proximity to some of the valley's major transportation arteries, Loop 202 and Interstate 10, affords residents direct access and simple passage to nearly any destination across The Valley. Some of those nearby destinations include a number of the most prominent employment and entertainment corridors in the state. Located a short drive from the property sits Biltmore’s Shops at Town & Country and Camelback Colonnade, offering residents convenient access to ±1.51M square feet of retail showcasing retailers such as Whole Foods, Trader Joe’s, Best Buy and Nordstrom Rack. The Camelback Employment Corridor, where names such as Cisco , Charles Schwab, Accenture, and Humana are stationed is home to ±46,000 employees and ±1,200 employers. also offers numerous dining and entertainment amenities. Additionally, Midtown is home to the Innovation Employment Corridor, which runs down Central Avenue, presenting employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. Together, the Camelback and Innovation Corridors showcase over ±117,000 employees and ±3,300 employers.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Complex
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Phoenix market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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