Anzio is a 240 unit Class B apartment community located on Broadway Road at Priest Drive in Tempe, Arizona. This outstanding location provides residents with access to major Valley freeways, Arizona State University, Tempe Town Lake and Mill Avenue with its unique shops, restaurants and entertainment.

Anzio offers its residents two swimming pools with spa, a clubhouse, resident business center, fitness center, basketball court, children’s playground, on-site pet park, picnic area with barbecue, laundry facilities, secured bike storage, gated access and covered parking. Interior amenities include fully equipped kitchens with dishwashers and pantries, walk-in closets, ceiling fans, vertical blinds and private balconies/patios.

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Anzio
240 Units
1330 West Broadway Road
Tempe, AZ  85282
Closed: 8/28/2017

Arcadia Gardens is a 76-unit, five-building, two-story former hotel that has been readapted to an apartment community. It is located on the northeast corner of 32nd Street and Earll Drive in the highly desirable Arcadia/Biltmore area of Phoenix, Arizona. This outstanding location is minutes away from major valley freeways, entertainment, shopping, dining, local schools and employment centers.

Arcadia Gardens features a new resort-style swimming pool, outdoor fire pit, barbecue area, state-of-the-art fitness center, two-story clubhouse, event and business center, WiFi cafe/bar, pet park, putting green, gated entry, covered parking and modern laundry facilities. Unit interiors have been fully remodeled and include such amenities as stainless appliances, quartz countertops, wood plank-style flooring, smooth texture walls, new cabinets and modern lighting.

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Arcadia Gardens
76 Units
3101 North 32nd Street
Phoenix, AZ  85018
Closed: 11/21/2017

Cushman & Wakefield is pleased to introduce the opportunity to purchase La Reserve on Forty-Fifth - a 301-unit garden-style apartment community built in 1972 with the potential for improved operations and a remaining value-add component with operating expense efficiencies. The property sits on 16.57 acres in what is considered to be an evolving and regentrifying submarket of the Phoenix metro area for renters and commercial establishments alike.

La Reserve on Forty-Fifth offers a good unit mix of one-bedroom (11%), two-bedroom (43%) and three-bedroom (46%) units with an average unit size of 908 square feet. Contact us today to schedule your tour of La Reserve on Forty-Fifth.

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La Reserve on Forty-Fifth
301 Units
2627 N 45th Avenue
Phoenix, AZ  85035
Type:  Multifamily
Mesa Royale is a 152-unit, two-story, garden-style complex built in 1985. It is comprised of 17 rental buildings with block constructed and pitched tile roofs. This well maintained property is individually metered for utilities and serves as an active retirement community for adults over the age of 55. Tenants are offered numerous amenities including a swimming pool and spa, clubhouse, fitness center, ninehole putting green, beauty salon, fully equipped kitchens, washer/dryers in unit, walk-in closets, and patios/balconies. These amenities are second to none for a community of this vintage, in this location.
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Mesa Royale
152 Units
1825 North Stapley Road
Mesa, AZ  85203
Closed: 12/28/2017
Cushman & Wakefield is please to offer Mission Palms, a 125-unit, boutique style garden apartment community located in the highly desirable North Central area of Phoenix, Arizona. Mission Palms features a mix of one and two bedroom floor plans in an attractive park-like setting. Mission Palms' location on North 16th Street provides easy access to the major employment centers of the Camelback Corridor, Midtown and Downtown Phoenix as well as one of the Phoenix area's most dynamic restaurant scenes. Mission Palms also provides close proximity to shopping at Biltmore Fashion Park, the AZ-51 Freeway and the Phoenix Mountain Preserve.

Mission Palms offers five floor plans, a clubhouse, a WiFi-enabled coffee house, swimming pool and spa, barbecue areas, fitness center, laundry facility and gated access. Interior amenities include all-electric kitchens with dishwashers, vertical blinds and mini-blinds, pantries and walk-in closets in select units, ceiling fans, extra storage and private balconies/patios in select units.

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Mission Palms
125 Units
6131 N. 16th St.
Phoenix, AZ  85016
Closed: 1/31/2018

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±8.2 net acre multifamily development site located on a major intersection in Phoenix’s rapidly transforming Central Corridor. This rare, hard-corner site is located along the Valley Metro Light Rail, with a station adjacent to the property at the corner of Central Avenue and Indian School 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. 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 15,000-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 four (4) parcels with a combined total of ±356,905 square feet of developable land on the northwest corner of Central Avenue and Indian School Road. This transit oriented development site is bound by three streets.

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NWC Central & Indian School Development Site
8.2 Acres
Central Avenue & Indian School Road
Phoenix, AZ
Type:  Land
Closed: 12/17/2019

Cushman & Wakefield is pleased to present a unique opportunity to obtain a long-term, prepaid ground lease for a ±1.0 net acre, high density multifamily development site within Arizona State University’s Novus Innovation Corridor. This rare opportunity is for Parcel 3F located on the southwest corner of 6th Street and Packard Drive, immediately north of the University Avenue Light Rail Transit Station.

Novus Innovation Corridor is a 350-acre master planned, 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. Strategically integrated with Arizona State University (ASU), wholly on university-owned land, Novus is managed by master developer Catellus, a national leader in the development of urban mixed-use communities.

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. The development will include a variety of urban neighborhoods that feature office, retail, hospitality and residential activities, creating the potential to bring more than 30,000 new jobs and 5,000 new residents to the thriving Tempe community.

Tempe, one of the Phoenix area’s most dynamic environments, features a large, educated workforce of over 200,000 people, a diverse mix of major employers including State Farm Insurance, First Solar, Amazon, Microsoft, ZipRecruiter, Chase Bank, Edward Jones, Medtronic and Wells Fargo among others. In addition, Tempe offers major events at venues such asvASU Gammage, Tempe Town Lake, Tempe Center for the Arts and at the various ASU athletic facilities. Tempe is also recognized as being the most bikable and walkable community in the Phoenix area.

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Parcel 3F - Novus Innovation Corridor
1 Acres
NWC 6th Street & Packard Drive
Tempe, AZ
Type:  Land
OFFER DATE: THURSDAY, 12/10/15
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Sycamore Square
120 Units
1120 S. Sycamore Street
Mesa, AZ  85202
Type:  Multifamily
Closed: 2/29/2016
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The Prescott on Thomas
382 Units
1645 East Thomas Road
Phoenix, AZ  85016
Type:  Multifamily
Closed: 5/14/2018

The Cushman & Wakefield Fogler/Nicoluzakis Multifamily Capital Markets Team is pleased to offer THE VINTAGE, a two-story, Class "A" garden style apartment community located in Gilbert, Arizona, within close proximity to major valley freeways, a wide variety of major employment sources, shopping, dining, entertainment and recreational venues.

THE VINTAGE features a large, recently upgraded resort-style swimming pool and spa, indoor/outdoor basketball courts, indoor racquetball court, billiards room, state-of-the-art fitness center, playground, clubhouse with theater room and business center/conference room, covered parking and garages.

Interior amenities include roman soaking tubs and/or walk-in showers, 9-foot ceilings, walk-in closets, washer/dryers and gourmet-style kitchens with top-of-the-line appliances. 61 of the 107 unit interiors have been upgraded to a premium level.

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The Vintage Luxury Apartments
107 Units
1303 West Juniper Avenue
Gilbert, AZ  85233
Closed: 12/13/2017
Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±4.66 net acre multifamily development site located in the highly desirable North Scottsdale area. The site is located on 90th Street, east of the Loop 101 Freeway between Raintree Drive and Frank Lloyd Wright Boulevard and consists of ±202,946 square feet of developable land.

Known as the "West’s Most Western Town", Scottsdale is a combination of cowboy culture and haute couture. Home to Arizona’s finest shopping and dining, Scottsdale offers hiking trails, award winning resorts and acclaimed art galleries for its residents that enjoy a quality of life like no other. Capturing the national spotlight, Scottsdale showcases an eclectic mix of sport and cultural events that draw thousands of spectators annually. Scottsdale boasts first-rate resorts, world-class events, sophisticated arts, lively nightlife, diverse shopping and epicurean feasts and is known for its refined spas, upscale wine bars and shopping plazas with luxury boutiques.

With its affluent population and large employment base, Scottsdale maintains a competitive edge in attracting new retailers, company headquarters, technology and biomedical industry leaders. The city enjoys the largest concentration of Class A Office space in the region. It has a highly developed workforce, enviable business infrastructure and transportation links, including a world-class executive airport. All of these factors combined create a thriving location for business that is attractive to employees and employers. The diverse economy is based on medical research, high-tech innovation, tourism and corporate headquarters. Scottsdale is home to nearly 18,000 businesses, over 150,000 jobs and more than 20% are Arizona corporate headquarters.

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90th St & Raintree Drive
4.66 Acres
N/NWC 90th Street & Raintree Drive
Scottsdale, AZ  85260
Type:  Land

Cushman & Wakefield’s Southwest Multifamily Advisory Group is pleased to present the exclusive listing of the 26-unit Camelback Gardens apartment community centrally located in Phoenix, Arizona.

The property is sited on approximately 1.5 acres in a well developed area that offers residents various shopping, recreation and schools. Located in close proximity to both major freeways, I-17 and SR-51, Camelback Gardens also benefits from being situated within walking distance of the METRO Light Rail.

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Camelback Gardens
26 Units
2101 West Colter Street
Phoenix, AZ  85015

Cushman & Wakefield is pleased to introduce the opportunity to purchase Casas Adobes, a 204-unit multifamily community featuring a desirable location in the Catalina Foothills area of Tucson, Arizona.

Call today to learn more about the chance to own this value-add asset boasting a convenient location in North Tucson and to schedule your personal tour of Casas Adobes.

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Casas Adobes
204 Units
6200 N. Oracle Road
Tucson, AZ  85704
Type:  Multifamily
Closed: 6/6/2016
The River Ranch Apartments is a 188 unit two story garden style complex built in 1986. It is composed of eleven buildings including a stand-alone office. The property is surrounded by single family housing valued in the $380,000-500,000 range, well-above the Phoenix average. The River Ranch Apartments offers an attractive product at an affordable price point with modern touches which make the property highly desirable.
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River Ranch
188 Units
6152 West Oakland Street
Chandler, AZ  85226
Sold
Timberline Place
102 Units
4343 East Soliere Avenue
Flagstaff, AZ  86004

Zen Senior Living is a 99 unit, two story garden complex built in 1985. This recently renovated, well maintained property is individually metered for utilities, with stucco frame construction and pitched tile roofs. Property amenities include an expansive clubhouse and TV lounge, fully equipped fitness center, new on-site pet park, sparkling swimming pool and hot tub, covered parking and community library. The property is one of Phoenix’s premier options for Active Adult Senior Living.

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Zen Senior Living
99 Units
11645 North 25th Place
Phoenix, AZ  85028

Cushman & Wakefield is pleased to introduce the opportunity to purchase Twillingate, an attractive, garden-style asset comprised of 52 units located on the METRO Light Rail on 19th Avenue. This submarket is expected to exceed above average revenue growth due to improved demographics associated with the impact of the METRO Light Rail operation and redevelopment of the Metrocenter area nearby.

Find out more about the value-add opportunities available with interior upgrades coupled with strong occupancy and convenient location. Contact us today to schedule your personal tour of Twillingate.

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Twillingate
52 Units
7141 N. 19th Ave.
Phoenix, AZ  85021
Type:  Multifamily

VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY

Cushman & Wakefield is pleased to offer TATUM PLACE, a 164-unit Class "B" apartment community located east of the southeast corner of Tatum Boulevard and Bell Road on 49th Street in Northeast Phoenix, Arizona. This location offers residents easy access to the State Route 51 and Loop 101 freeways, providing immediate access to employment and "world-class" entertainment, shopping and dining venues in Scottsdale and Northeast Phoenix.

Tatum Place offers residents two swimming pools (one an Olympic style lap pool), sun decks, a brand new fitness center, poolside clubhouse, barbecue grills and picnic area, fire pit, attractive landscaping, gated access and covered parking. Interior amenities include washers/dryers, ceiling fans, contemporary window coverings, wood cabinetry, microwaves, double stainless steel kitchen sinks, 9-foot ceilings, cultured marble vanity countertops, patios/balconies with outside storage. Select units include skylights, vaulted ceilings, accent walls, wood-style flooring, pantries, stainless steel appliances, granite countertops and walk-in closets.

Approximately 25% of the unit interiors have been recently upgraded while most of the property exterior and common areas have been upgraded. However, there is still significant opportunity to add value by completing interior renovations to the remaining "untouched" units while at the same time adding finishing touches to the already renovated units that will allow for even further growth in the market rental rates.

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Tatum Place
164 Units
16801 North 49th Street
Scottsdale, AZ  85254
Type:  Multifamily
Closed: 4/9/2019

Cushman & Wakefield is pleased to introduce the opportunity to purchase Terra Vista Palms, a 138-unit garden-style apartment community built in 1975 offering value-add potential to new ownership. Terra Vista Palms, at 59th and Northern Avenues, falls within the Downtown Glendale focus area. Historic Downtown Glendale has been experiencing a resurgence of restaurants and retail that attracts many residents with its quaint, city square feel. The property profits from good visibility on 59th Avenue with close proximity to many local conveniences and employment centers.

Terra Vista Palms offers an operational upside utilizing an interior and exterior renovation plan with the ability to increase effective rents and add value based on strong occupancy and projected rent growth. Contact us today to schedule your personal tour of Terra Vista Palms.

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Terra Vista Palms
138 Units
5902 W. Royal Palm Road
Glendale, AZ  85302
Type:  Multifamily

Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±2.0 acre, high density multifamily development site in Phoenix's rapidly transforming Central Corridor. This rare site is located along the Valley Metro Ligh Rail, with a station within walking distance of the property.

Phoenix's urgan 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 the 1.5 billion dollar Phoenix Biomedical Campus.

The opportunity consists of eight parcels with a combined total of ±86,095 square feet of developable land on the northeast corner of Central Avenue and Columbus Avenue. This transit oriented development site is bound by three streets and provides for intense densities and height.

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Central & Columbus Dev Site
1.98 Acres
3617 North Central Avenue
Phoenix, AZ  85012
Type:  Land
Closed: 4/12/2018

Cushman & Wakefield is pleased to introduce the opportunity to purchase Saratoga Ridge, a lender-owned asset comprised of 856 units in North Phoenix with excellent visibility on Bell Road. New ownership will have the advantage of an improving rent roll and the ability to continue increasing rents and add value based on strong occupancy, projected rent growth, and interior upgrades. Residents benefit from convenient access to Loop 101 (Pima Freeway), SR-51 (Piestewa Freeway), and I-17 (Black Canyon Freeway), making Saratoga Ridge the ideal location to call "home."

Don't miss one of the last lender-owned opportunities available in the Phoenix market. Contact us today to schedule your personal tour of Saratoga Ridge.

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Saratoga Ridge
856 Units
1450 East Bell Road
Phoenix, AZ  85022
Type:  Multifamily
Closed: 5/29/2016