Shovel-Ready 20-Unit Apartment
For Sale
$649,900
6-320 E Hatcher Rd, Phoenix, AZ 85021
Fully approved, shovel-ready 2-story 20-unit multifamily development with garages and surface parking.
Property Size16,396 SF
Price / SF$39.64
Days on Market139
Property Features for 6-320 E Hatcher Rd
General Information
Standard status
Active
Size
16,396 SF
Total Parking Spaces
30
Property subtype
Land
Zoning
R-5
Additional Details
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$624
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Grayson Real Estate
(602) 418-0350
Listed By:
Keith Grayson · License #BR636932000
(602) 418-0350
Source:
Exprealty
Added: Mar 25
Changed: Aug 8
Last Checked: Jul 18 at 9:47AM
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 Grayson Real Estate
Investment Insights
Based on property information with market context.
This shovel-ready, fully approved 2-story, 20-unit multifamily project is awaiting a developer to pull permits, with the plan set conveying with the sale. The project is zoned as R-5 High Density Multi-Family and is located within the Hatcher District Overlay, which allows restaurants, office, and retail within new developments.
The unit mix includes 4 three bed/two bath apartments, 6 two bed/two bath apartments, 2 one bed/one bath apartments, and 8 studios. Parking is supported by 10 garages and 20 additional surface parking spaces.
The development consists of 16,396 square feet and is presented as a ready-to-permit project for a qualified buyer.
The unit mix includes 4 three bed/two bath apartments, 6 two bed/two bath apartments, 2 one bed/one bath apartments, and 8 studios. Parking is supported by 10 garages and 20 additional surface parking spaces.
The development consists of 16,396 square feet and is presented as a ready-to-permit project for a qualified buyer.
Key Highlights
- Fully approved, shovel‑ready 2‑story development with plan set included with the sale
- Proposed 20‑unit multifamily project zoned R‑5 High Density Multi‑Family
- Hatcher District Overlay allows restaurants, office, and retail within new developments
Property Analytics
Current Use
Lease Details
20
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,778
Businesses Nearby
Explore this area
Business Placement
Demographics for 85021, AZ
40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully approved, shovel-ready 2-story 20-unit multifamily development with garages and surface parking.
Where is this apartment building located?
The property is located at 6-320 E Hatcher Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Fully approved, shovel‑ready 2‑story development with plan set included with the sale; Proposed 20‑unit multifamily project zoned R‑5 High Density Multi‑Family; Hatcher District Overlay allows restaurants, office, and retail within new developments
