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Garden View Villas Apartment Community
For Sale
Contact for pricing
Pending

3116 East Paradise Lane, Phoenix, AZ 85032

Two-story townhome residences feature private patios, in-suite laundry, and individually metered electricity.

Property SizeContact for details
Lot Size0.57 Acres
Days on Market146

Property Features for 3116 East Paradise Lane

General Information

Standard status Pending
Lot size 0.57 Acres
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 12 x 2BR/1.5BA
Multifamily Units 12

Amenities

assigned covered parking
swimming pool
exterior lighting

Building Details

Year Built 1985
Construction garden-style
Listing Agency: ABI Multifamily LLC ABI Phoenix
Listed By: Eddie Chang · License #AZ SA545071000
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 10:12PM

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 ABI Multifamily LLC ABI Phoenix

Investment Insights

Based on property information with market context.

Garden View Villas is a garden-style apartment community with a 12-unit offering within a 15-unit townhome property. Built in 1985, the wood-frame buildings have built-up roofs and individually metered electricity. Each residence includes two bedrooms, one-and-a-half bathrooms, approximately 1,144 square feet, electric kitchen appliances, an in-suite washer and dryer, ceramic tile flooring, walk-in closets, window blinds, and a large private patio.

The property occupies approximately 0.57 acres at 3116 East Paradise Lane in Phoenix, Arizona, with landscaped grounds, assigned covered parking, a swimming pool, and exterior lighting. Access to SR-51 and Loop-101 connects the community with the Phoenix Valley. Nearby retail and dining destinations include Desert Ridge Marketplace and Paradise Valley Mall.

Key Highlights

  • 12‑unit offering within a 15‑unit townhome community
  • All units are two‑bedroom, one‑and‑a‑half‑bathroom townhomes averaging approximately 1,144 square feet
  • Built in 1985 with wood‑frame construction and built‑up roofs

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Daycare Center

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

12
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,414
Businesses Nearby

Demographics for 85032, AZ

68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
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 - Two-story townhome residences feature private patios, in-suite laundry, and individually metered electricity.
Where is this apartment building located?
The property is located at 3116 East Paradise Lane Phoenix, AZ.
What are key features of this property?
This property features: 12‑unit offering within a 15‑unit townhome community; All units are two‑bedroom, one‑and‑a‑half‑bathroom townhomes averaging approximately 1,144 square feet; Built in 1985 with wood‑frame construction and built‑up roofs
More about this property
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