128XX Buckeye Rd Avondale, AZ 85323

This exceptional 6.5-acre (approximately) parcel in Avondale, Arizona, presents a remarkable multifamily investment opportunity. The City of Avondale has already approved plans for a 156-unit apartment complex, eliminating significant pre-development hurdles. The proposed project encompasses six three-story buildings offering a mix of one- and two-bedroom units. Community amenities are thoughtfully designed to enhance resident lifestyles and include a 1,580 square foot leasing office and recreation building, a refreshing pool and hot tub, a relaxing sun deck, a children's playground, and inviting BBQ gazebos. The property boasts an enviable location, providing convenient access to the I-10 freeway, ensuring effortless commutes. Within a one-to-two-mile radius, residents will find a variety of shopping, dining, and grocery options. Nearby public schools, parks, and a golf course further enhance the desirability of this location. Its proximity to the spring training ballpark and Goodyear Airport adds to its appeal. Some preliminary site work has already been completed, and all approved architectural drawings are included in the sale, streamlining the development process. The asking price for this prime development land is $8,000,000. This is a truly exceptional opportunity to capitalize on the strong demand for multifamily housing in the rapidly growing Avondale area. The property is located at 128XX W Buckeye Road, Buckeye, AZ 85323, in Maricopa County.