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Single-Story Apartment Community
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Pending

8201 W Olive Ave, Peoria, AZ 85345

One-, two-, and three-bedroom residences feature private backyards and full-size in-unit laundry.

Property SizeContact for details
Days on Market142

Property Features for 8201 W Olive Ave

General Information

Standard status Pending
Class Class-A
Property subtype Multifamily
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 153

Amenities

resort-style swimming pool
outdoor area with fireplaces
covered parking
garages
in-unit washer and dryer
quartz counter tops
stainless-steel appliances
10-foot ceilings
hardwood-style flooring
walk-in closets
private backyards

Building Details

Stories 1
Listing Agency: Substancia Capital, LLC
Listed By: Phillip Richardson · License #CT REB.0791615
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:13AM

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 Substancia Capital, LLC

Investment Insights

Based on property information with market context.

Villas on Olive is a fully leased, 153-unit apartment community in Peoria, Arizona, arranged across a single-story, low-density site. Residences include one-, two-, and three-bedroom layouts with quartz countertops, stainless-steel appliances, 10-foot ceilings, hardwood-style flooring, walk-in closets, full-size washers and dryers, and private backyards.

Community improvements include a resort-style swimming pool, outdoor fireplaces, covered parking, and garages. The property is located at 8201 W Olive Ave., providing immediate access to 83-acre Pioneer Regional Park and convenient connectivity to the Metro Phoenix freeway system. Westgate and State Farm Stadium are also identified among nearby attractions and employment-oriented destinations.

Key Highlights

  • 153‑unit, fully leased apartment community
  • Single‑story, low‑density site at 8201 W Olive Ave.
  • One-, two-, and three‑bedroom floor plans

Property Analytics

Current Use

Villas on Olive Apartment Complex Circle k Gas Station LaFata's Lawn Care ... Landscaping Queen Nails Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Restaurant

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

153
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 85345, AZ

61,024
Population
24,273
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
87%
High-School Grad
12.7 sq mi
ZIP Area
4,805
Density / Sq Mi
$64,563
Median Household Income
$40,280
Median Earnings
$1,563
Median Rent
$278,300
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 - One-, two-, and three-bedroom residences feature private backyards and full-size in-unit laundry.
Where is this apartment building located?
The property is located at 8201 W Olive Ave Peoria, AZ.
What are key features of this property?
This property features: 153‑unit, fully leased apartment community; Single‑story, low‑density site at 8201 W Olive Ave.; One-, two-, and three‑bedroom floor plans
More about this property
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