The subject property consists of 13.39 acres that is currently being utilized as a mobile home community. This site represents one of the last large lots available in the market for multi-family development. The subject property borders with McKellips Lake Park a regional green belt developed by the city of Scottsdale. The subject property additionally has lake access to the east of the property making this an additional amenity to residents in any new development. Centrally located in the Phoenix Metro as well as having close proximity to the city of Tempe, Arizona State University and Downtown Scottsdale.
The property is located in South Scottsdale, Arizona a very rapidly growing area that is underserved by Multi-Family development. Located within a few blocks of Scottsdale Road and Hayden Rd. and has easy access to both Interstates 101 and 202. The development would be bordered by the city of Scottsdale's green belt park that features the McKellips Lake Park. Additional area amenities include Papago Park (Zoo), and Sky Harbor International Airport for traveling professionals. The development's would serve students and employees of Arizona State University (ASU) as well workers in the Downtown/Old Town Scottsdale. The area has a high walkability score for residents.
