Cushman & Wakefield is pleased to offer Timberline Place, 102 Class A condominium units available for bulk purchase located within the 204 unit Timberline Place Condominiums community in Flagstaff, Arizona. The residents of Timberline Place are offered a choice of four different one, two and three bedroom floor plans. Each unit features 9-foot ceilings, alarm system, ceiling fans, full size washer/dryer, gas fireplace, complete kitchen and a private patio or balcony. Residents of Timberline Place are offered Flagstaff’s highest end amenity package, including a heated pool and spa, outdoor fireplace and lounge, clubhouse complete with kitchen, flat screen television and java bar, fitness center, yoga studio, indoor basketball court, cedar lined sauna, WiFi and attractive grounds with covered ramadas, barbecues and golf course views.
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Timberline Place
102 Units
4343 East Soliere Avenue
Flagstaff, AZ  86004
Closed: 3/13/2018
Cushman & Wakefield is pleased to offer University Villa at Ironwood, a 140-unit/484-bed, Class "A", purpose built student apartment community located in Tucson, Arizona, approximately 4 miles west of the University of Arizona, 1 mile north of Pima Community College west campus and 4 miles west of Pima Community College downtown campus. This location is within close proximity to major freeways, employment sources, shopping, dining, entertainment and recreational venues.

University Villa at Ironwood offers its residents four spacious floor plans, a resort-style pool and spa, clubhouse, 24-hr fitness center, 24-hr conference room, computer lab and study lounge, 24-hr theater room, basketball court, sand volleyball court, three 5-burner stainless steel barbecues and covered parking.

A major attraction to potential and existing residents of University Villa at Ironwood are the two private shuttles owned and operated by the property that provide free access to both University of Arizona and Pima Community College.

Unit interiors at University Villa at Ironwood include amenities such as washer/dryers, private patios or balconies, large walk-in closets in select units, 42" flat screen TV in living rooms and HD digital cable/internet ready.

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University Villa at Ironwood
140 Units | 484 Beds
2550 West Ironwood Hill Drive
Tucson, AZ  85745
Closed: 5/15/2018
University Villa at Ironwood is a 140-unit/484-bed, purpose built student apartment community located at the northwest corner of Ironwood Hill Drive and Greasewood Road in Tucson, Arizona, approximately 4 miles west of the University of Arizona. This outstanding location is within walking distance of a grocery store, with nearby access to the I-10 and I-19 freeways, shopping, restaurants, banks and parks. New ownership has the strategic opportunity to implement a renovation program to enhance the property’s overall market position within the Tucson student housing submarket. University Villa at Ironwood has tremendous potential to unlock value by upgrading the unit interiors.
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University Villa at Ironwood
140 Units | 484 Beds
2550 West Ironwood Hill Drive
Tucson, AZ  85745
Unpriced Offering Lender Owned
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Veritas at McCormick Ranch Condominiums
36 Units
8233 North Paseo Del Norte
Scottsdale, AZ  85258
Type:  Multifamily
Sold
Villa De La Paz
103 Units
6041 W. Thomas Road
Phoenix, AZ  85033
Type:  Multifamily
Closed: 6/10/2015

Village at Aspen Place offers an investor the opportunity to acquire a true "Best in Class", "A" quality multifamily property with highend, resort-style amenities and 26 unique floor plans in a premier mixed-use setting. Amenities offered residents include resident clubhouse with kitchen and coffee lounge, fitness center and yoga room, heated swimming pool and spa, outdoor barbecue grills and fire pit, bike/ski repair shop, pet washing station and package concierge lockers.

The extensive amenities offered residents are matched by high level interior finishes provided in each individual residence. Village at Aspen Place’s spacious floor plans feature nine-foot or higher ceilings, wood-style vinyl plank flooring, Knotty Alder wood cabinets, granite countertops, stainless steel appliances, tiled floors and showers in bathrooms, oversized closets, large balconies/patios and full size washer/dryers. Select units include wet bars, built-in desks, concierge doors and vaulted ceilings.

Village at Aspen Place features an attached 6-story parking structure with elevator access to each floor. Residents have access to their units via air-conditioned/heated corridors. From their front door residents of Village at Aspen Place can access a variety of shopping, restaurants and service businesses, including Whole Foods, REI, Lululemon, Grimaldi’s Pizzeria, Wildflower, Barre3 and many others. Village at Aspen Place is Flagstaff’s only true mixed-use community.

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Village at Aspen Place
222 Units
601 East Piccadilly Drive
Flagstaff, AZ  86001
Type:  Multifamily
Closed: 1/29/2021
Sold
Vistara at SanTan Village
366 Units
1725 S. Coronado Road
Gilbert, AZ  85295
Closed: 9/12/2017
Sold
Windemere
224 Units
2020 E. Inverness Avenue
Mesa, AZ  85024
Type:  Multifamily
Closed: 7/29/2016

Cushman & Wakefield is pleased to offer ARCADIA 4127, a 258-unit, fully renovated, garden-style community located in the highly desirable Arcadia neighborhood of Phoenix, Arizona. The current owners have spent approximately $7,000,000 ($27,000 per unit) completely transforming Arcadia 4127, creating a high quality, affordable living environment in one of Phoenix’s best neighborhoods. This outstanding location offers residents immediate access to employment, shopping and dining at some of the Phoenix area’s best restaurants. The entertainment district of Downtown Scottsdale is only minutes away to the east of Arcadia 4127.

Arcadia 4127 offers residents two swimming pools, a spa, outdoor barbecue grills, a fire pit, leasing office, fitness center, two elevators, gated access, covered parking and on-site laundry facilities. Interior amenities include washer/dryers (in select units), quartz countertops, under-mount sinks, stainless steel appliances, pantries, walk-in closets, hardwood-style flooring, new lighting fixtures, upgraded carpeting in bedrooms, ceiling fans and vertical blinds. Select units feature fireplaces, private balconies/patios and views of Camelback Mountain. Arcadia 4127 has been completely renovated by the current owners, including common areas, amenities, building exterior, mechanical systems and all 258 unit interiors.

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Arcadia 4127
258 Units
4127 East Indian School Road
Phoenix, AZ  85018
Type:  Multifamily
Closed: 6/3/2019

This is a unique opportunity to purchase a ±9.29 acre infill Tempe development site located at the southeast corner of Rio Salado Parkway and Price Road in Tempe, Arizona. The site is positioned between two outdoor destination shopping centers, Tempe Marketplace and Mesa Riverview, with immediate access to the Loop 101 and 202 freeways, Sky Harbor International Airport and the rest of the Valley.

Arizona State University (ASU) is approximately two miles from the site, and Downtown Tempe/Mill Avenue, with its many dining, shopping and entertainment options, is approximately three miles. Downtown Tempe is one of the strongest and most actively developing submarkets in the entire Phoenix Metro area.

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ASU Surplus Land
9.29 Acres
2325 E. Rio Salado Parkway
Tempe, AZ  85281
Type:  Land
Closed: 5/11/2018
The Cushman and Wakefield Southwest Multifamily Advisory Group is pleased to present the exclusive listing of the 324 unit Avery On the Green Apartment Homes located in Chandler, Arizona.
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Avery on the Green
324 Units
125 S. Alma School Road
Chandler, AZ  85224
Type:  Multifamily
Closed: 10/29/2021

Broadstone Rio Salado is a 276-unit Class A apartment community located in Tempe, Arizona. Completed in 2020, Broadstone Rio Salado was developed by Alliance Residential, one of the nation’s leading multifamily developers. Tempe is widely regarded as the Phoenix area’s most dynamic submarket and Broadstone Rio Salado is well positioned to take advantage of its exceptional location at the intersection of the 101 and 202 freeways.

Tempe features some of the Phoenix areas most prominent employers such as State Farm, SRP, Microsoft, Amazon.com, LifeLock, DHL Express, JP Morgan Chase, Comtech Data and Carvana. Tempe is the top submarket for employment growth, with Class A office developments such as Hayden Ferry Lakeside, Rio 2100 and The Watermark, as well as future office developments, including 100 Mill, Novus and Union. Tempe is home to a major recreational source in Tempe Town Lake, and the nation’s largest university, Arizona State University.

Broadstone Rio Salado offers its residents eleven studio, one bedroom and two bedroom floor plans featuring top of the line interior finishes, extensive indoor and outdoor amenities, convenient surface parking and a high-end exterior design. Broadstone Rio Salado is a surface-parked community featuring elevator access to each floor.

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Broadstone Rio Salado
276 Units
2325 East Rio Salado Parkway
Tempe, AZ  85281
Closed: 5/6/2021

Cactus Forty-2 is a 200 unit Class A apartment community located on Cactus Road, just west of Tatum Boulevard and nearly adjacent to Paradise Valley Mall in Phoenix, Arizona. This outstanding location provides immediate access to high-end entertainment, shopping, dining, large employment centers, excellent freeway access and unsurpassed drive-by exposure.

Completed in 2014, Cactus Forty-2 offers its residents contemporary urban architecture, a high level of finish in the unit interiors and excellent amenities including a resort-inspired pool and spa, outdoor kitchen, outdoor fireplace and social gathering space, fitness center with on-demand fitness classes, clubhouse with Wi-Fi internet access and unique “living wall” and a pet park.

Interior amenities include nine-foot ceilings, eight-foot entry doors, hardwood-inspired flooring, Shaker-style cabinet doors, granite countertops, stainless steel appliances, washer/dryers and under-mounted sinks, designer accent walls, marble bath vanities and dual-pane glass. Select units include large soaking tubs, subway-style tile shower surrounds and private balconies/patios.

Residents also enjoy gated access, covered parking, lush landscaping and views of the Phoenix Mountain Preserve.

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Cactus Forty-2
200 Units
4242 East Cactus Road
Phoenix, AZ  85032
Closed: 4/29/2021

Centerra is a 202-unit, garden-style apartment community located near Frank Lloyd Wright Boulevard and Shea Boulevard in Scottsdale, Arizona. This location offers residents easy access to employment, high-end shopping, outstanding dining experiences, nightlife and recreation in Scottsdale. The property has been renovated, with all 202 units upgraded.

An Albertsons grocery store is immediately north of the property and a Safeway grocery story is to the west, both within walking distance. Cholla Park and Ancala Country Club are minutes away, as well as dining options such as The Americano, Rosati’s Pizza, Cold Beers & Cheeseburgers, Vito’s Italian Ristorante, First Watch and Blue Adobe Santa Fe Grill. Scottsdale Fashion Square, Kierland Commons, Scottsdale Quarter, Paradise Valley Mall and High Street are all within a short drive of Centerra.

Centerra offers residents two resort-style pools and spas, fire pit with surround seating, barbecue/picnic area, newly designed fitness center with free weights, off-leash dog park and covered parking.

Interior amenities include washers/dryers, Whirlpool stainless steel appliances, microwaves, granite countertops in kitchens, new cabinets in kitchens and baths, walk-in closets, wood-style flooring, window coverings, extra storage, carpeting, and private patios/balconies. Ceiling fans and wood burning fireplaces are offered in select units.

All 202 of the unit interiors have been recently upgraded and a significant portion of the exterior and common areas have been upgraded. Please see pages 10-11 for a list of the recently completed upgrades and enhancements.

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Centerra
202 Units
11100 N. 115th Street
Scottsdale, AZ  85259
Type:  Multifamily

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±20,250 square foot, high density high-rise multifamily development site in Phoenix’s rapidly transforming Central Corridor located in the Opportunity Zone. This rare site is located along the Valley Metro Light Rail, with two stations within walking distance of the property at Central Avenue and Roosevelt Street, and Central Avenue and Van Buren Street. Phoenix’s urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. In addition to the Light Rail, the area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University’s 12,200-student downtown campus and the 1.5 billion dollar Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions in the Central Corridor.

The opportunity consists of two (2) parcels with a combined total of ±20,250 square feet of developable land on the northwest corner of 1st Street and Pierce Street. This transit oriented development site is bound by two streets and provides for intense densities up to a maximum of 370 units and maximum height of 475 feet.

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NWC 1st St & Pierce Multifamily Development Site
   
NWC 1st Street & East Pierce Street
Phoenix, AZ  85004
Unique opportunity to acquire a long-term ground lease for a multifamily/mixed use development within the Novus Innovation Corridor near Arizona State University in Tempe, Arizona. Novus Innovation Corridor is a 350-acre, mixed use development planned for approximately 10 million square feet along Tempe Town Lake, including State Farm's 2.1-million-square-foot Marina Heights regional office. Novus is a unique opportunity to develop the 21st century urban community on an infill canvas in the center of one of the nation's largest and fastest growing metropolitan areas.
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Parcel 3B - Novus Innovation Corridor
2.4 Acres
767 East 6th Street
Tempe, AZ  85281
Type:  Land
Closed: 7/26/2019
Cushman & Wakefield is pleased to present a unique opportunity to obtain a 99-year, prepaid ground lease for a ±2.36 gross / ±1.90 net acre multifamily development site within the Novus Innovation Corridor at Arizona State University. This opportunity is for Parcel 3G, located on the southeast corner of 6th Street and Rural Road, north of the University Drive/Rural Road light rail station. Parcel 3G is located within an Opportunity Zone.
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Parcel 3G - Novus Innovation Corridor
   
SEC 6th Street & Rural Road
Tempe, AZ  85281

The District at Mountain Vista is a 384-unit Class "A", garden-style luxury rental community located in East Mesa near the US-60 and 202 freeways, with easy access to restaurants, shopping, entertainment and recreation. Nearby amenities include highly ranked schools, medical centers, parks, movie theaters, golf courses and many shopping and dining options. The property’s location provides easy access to the US-60 and the 202 freeways, connecting residents to the rest of the Metro Phoenix area.

The District at Mountain Vista offers its residents a resort-style pool, spa, sundeck, poolside cafe tables and barbecue grills, clubhouse, resident business center with WiFi, fax and copier, fitness center, yoga studio, dog park, carports and detached garages, extra storage units and gated entry.

The District at Mountain Vista features a mix of one, two and three bedroom floor plans. The interior amenities offered residents include nine-foot ceilings, ceramic tile flooring, crown molding, faux granite countertops, double stainless steel sinks, breakfast bar, Whirlpool black dishwasher, built-in microwave, stove and refrigerator, walk-in closets, roman soaking tub in master bath, full-size washer/dryers and private patios/balconies. Select units offer a built-in computer niche, laundry room, and vanity seating and double sinks.

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The District at Mountain Vista
384 Units
1304 South 105th Place
Mesa, AZ  85209
Type:  Multifamily
Closed: 9/14/2018

The Grand at Papago Park Center represents an opportunity to acquire a high-density 6.74 acre multifamily development site on a long-term ground lease within Tempe's brand-new, premier business center. The Grand at Papago Park Center is ideally situated north of and adjacent to the Loop 202 Red Mountain Freeway. It has almost immediate access to Arizona State University and Phoenix Sky Harbor Airport. The I-10, Loop 101 and 51 freeways are also within minutes of the site. The Grand at Papago Park Center has a light rail station at its northern boundary on Washington Street, and the Center Parkway light rail station is within walking distance of The Grand's eastern boundary.

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The Grand at Papago Park Center
6.01 Acres
NEC Priest Drive and Loop 202 Freeway
Tempe, AZ  85281
Type:  Land
Closed: 2/27/2018
Sold
The Greens
324 Units
125 S. Alma School Road
Chandler, AZ  85224
Type:  Multifamily
Closed: 11/30/2015
Williams Gateway is a 72-unit, two-story, garden-style complex built in 1982. It is comprised of 6 rental buildings with stucco frame construction and pitched tile roofs. This well maintained property is individually metered for utilities. Property amenities include a stand alone rental office, swimming pool, laundry facility, dog park, community BBQ and outdoor dining space.
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Williams Gateway
   
5850 S. Power Road
Gilbert, AZ  85295
Located north of the northwest corner of 145th Avenue and McDowell Road, within the Palm Valley Master Planned Community in Goodyear, Arizona, this 10.42 acre multifamily development site is approved for 188 total apartment units (18 units per acre). Utilities are provided to site.
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145th Avenue & McDowell Road Site
10.42 Acres
N/NWC 145th Avenue & McDowell Road
Goodyear, AZ  85395
Type:  Land
Closed: 12/13/2017

Multifamily development site consisting of 1.527 acres centrally located in the heart of Downtown Phoenix, Arizona in the iconic Roosevelt Row Arts District - one of the most popular neighborhoods not only in Phoenix, but in the nation. This very walkable community is just steps away from art galleries, restaurants, retail shops, bars and entertainment venues forming the Phoenix area’s only true urban, walkable neighborhood. The property’s location is less than a half-mile away from the I-10 freeway and a short walk to the light rail station at Roosevelt Street and Central Avenue.

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3rd & Portland NEC
1.53 Acres
3rd Street & Portland Street
Phoenix, AZ  85004
Type:  Land
Closed: 8/22/2019

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.71 acre multifamily development site in Phoenix's rapidly transforming Central Corridor. The opportunity consists of ±117,907 square feet of developable land north of the northwest corner of Osborn Road and 4th Avenue.

This rare site is located near the Valley Metro Light Rail, with a station within walking distance of the property at Central Avenue and Osborn Road. Phoenix's urban revival has transformed the Central Corridor into a 24-hour live-work-play environment with new residential and trendy restaurants, coffee houses and bars. The area has been influenced by anchor cultural, educational, research, sports and healthcare institutions, including Arizona State University's downtown campus and Phoenix Biomedical Campus. The result is an unprecedented demand for urban living solutions within the Central Corridor.

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4th Ave & Osborn Rd Dev Site
2.71 Acres
3500 North 4th Avenue
Phoenix, AZ  85013
Type:  Land
Closed: 9/30/2019