Building Details

Year Renovated 2023

Listing Agency: Newmark - Phoenix

Listed By: Ryan Ash · License #AZ Show Phone

Source: Crexi

Added: Sep 16 Changed: Sep 24 Last Checked: Sep 26 at 6:39AM

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Investment Insights

Based on property information with market context.

This 13-unit apartment property is located at 306 East Kinderman Drive in Avondale, Arizona. Renovation work was completed in 2023, and more than half of the units have two bedrooms.

Key Highlights

• 13 apartment units
• Renovated in 2023
• Majority of units are two‑bedroom apartments

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Furniture & Home Goods Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store

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

13

Residential units

Location Intelligence

Trade Area within ½ mile

696

Businesses Nearby

Explore this area Business Placement

Demographics for 85323, AZ

44,632

Population

14,953

Households

3

Avg Household Size

29

Median Age

19%

College-Educated

81%

High-School Grad

17.7 sq mi

ZIP Area

2,522

Density / Sq Mi

$79,903

Median Household Income

$42,634

Median Earnings

$1,625

Median Rent

$335,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Most apartments feature two-bedroom layouts, establishing a predominantly two-bedroom unit mix.

Where is this apartment building located?

The property is located at 306 East Kinderman Drive Avondale, AZ.

What is the asking price?

The asking price for this property is $2,695,000.

What are key features of this property?

This property features: 13 apartment units; Renovated in 2023; Majority of units are two‑bedroom apartments