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New Townhome Community in Phoenix
For Sale
$8,699,000

3805 E Monterey Wy, Phoenix, AZ 85018

New construction townhomes in Phoenix's Arcadia Corridor.

Property Size1,825 SF
Price / SF$4,766
Days on Market191

Property Features for 3805 E Monterey Wy

General Information

Standard status Active
Size 1,825 SF
Property subtype Multifamily

Amenities

Fifteen brand new construction units in Arcadia.
Premium interior finishes including: quartz countertops, LG stainless steel appliances, custom cabinets, and 10 foot ceilings.
Close proximity to premier dining and entertainment.

Building Details

Units 15
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Sean Connolly · License #License(s): AZ: SA673848000
Source: Marcusmillichap
Added: Mar 26 Changed: Sep 17 Last Checked: Oct 1 at 8:07AM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

Alameda Villas is a new construction boutique townhome community featuring 15 units. Each unit has a three-bedroom, two-and-a-half-bath floor plan. The units average 1,825 square feet, offering spaciousness and thoughtful design. The community is located near eateries, educational institutions, and retail choices in Phoenix's Arcadia Corridor.

Key Highlights

  • New construction (2024) boutique townhome community.
  • Located in the vibrant heart of Phoenix's Arcadia Corridor.
  • Spacious three‑bedroom floor plan averaging 1,825 square feet.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Garden Center Butcher Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,406
Businesses Nearby

Demographics for 85018, AZ

37,944
Population
19,487
Households
1.9
Avg Household Size
40
Median Age
57%
College-Educated
92%
High-School Grad
15.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$87,637
Median Household Income
$58,555
Median Earnings
$1,411
Median Rent
$805,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - New construction townhomes in Phoenix's Arcadia Corridor.
Where is this apartment building located?
The property is located at 3805 E Monterey Wy Phoenix, AZ.
What is the asking price?
The asking price for this property is $8,699,000.
What are key features of this property?
This property features: New construction (2024) boutique townhome community.; Located in the vibrant heart of Phoenix's Arcadia Corridor.; Spacious three‑bedroom floor plan averaging 1,825 square feet.
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