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20405 Estrella Parkway - Villas at the Gin, 195 unit Multifamily 10 Acres of Commercial Land Offered at $6,500,000 in Maricopa, AZ 85139
Investment Highlights
- Multifamily Land
Executive Summary
Completed rezoning and nearly fully approved construction drawings for a 195 unit garden style apartment complex development with 70+ garages, a pool, pet amenities, and a clubhouse. Max density 20 units/acre, proposed density 19.17 units/acre. 78, 1 bedroom units, 99, 2 bedroom units, and 18, 3 bedroom units. 14 garage buildings with 5 spaces per building for 70 rentable garage spaces, 399 total parking spaces. This project is nearly ready to come out of the ground for the right buyer with 6 figure credits/reduced construction costs preliminarily negotiated by seller transferrable to buyer.
Property Facts
| Price | $6,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 10.00 AC |
| Property Type | Land | ||
| Zoning | Apartments - 20 units per acre multifamily | ||
| Price | $6,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 10.00 AC |
| Zoning | Apartments - 20 units per acre multifamily |
1 Lot Available
Lot
| Price | $6,500,000 | Lot Size | 10.00 AC |
| Price Per AC | $650,000.00 |
| Price | $6,500,000 |
| Price Per AC | $650,000.00 |
| Lot Size | 10.00 AC |
Max density 20 units/acre, proposed density 19.17 units/acre. 78, 1 bedroom units, 99, 2 bedroom units, and 18, 3 bedroom units. 14 garage buildings with 5 spaces per building for 70 rentable garage spaces, 399 total parking spaces.
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Presented by
S. M. Cook, PLLC
20405 Estrella Parkway - Villas at the Gin, 195 unit Multifamily
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