602-714-1388
2641 W Butler Dr, Phoenix, AZ for Sale
Apartments - FOR SALE
1/31
null | Request Cap Rate

2641 W Butler Dr
Phoenix, AZ 85051


HIGHLIGHTS

  • Discover a lucrative investment opportunity with a profitable, high-occupancy multifamily asset in a dense urban area just north of Downtown Phoenix.
  • Located just off I-17, Eclipse Apartments provides exceptional commuter access throughout downtown, Glendale, Scottsdale, Tempe, and Mesa.
  • Investors will benefit from acquiring this well-maintained, 75-unit complex, which offers a stable revenue stream and diverse upside potential.
  • Eclipse Apartments is positioned within a Federal Opportunity Zone, allowing new ownership the opportunity to capitalize on significant tax benefits.
  • Phoenix is a prime location for multifamily investment, showcasing 14% in population growth over the last decade, nearly double the national average.
  • As one of the nation’s better-performing markets for employment growth, Phoenix’s diverse economy has remained resilient over the past few years.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

75

CAP RATE

Request Cap Rate

% LEASED

99%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eclipse Apartments | High-Occupancy MF Asset

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

98

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

R-5, Phoenix

APN/PARCEL ID

158-04-008A

ASK ABOUT THIS PROPERTY

Doug LazovickABI MultifamilyMore Info
602-714-1388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Doug LazovickABI MultifamilyMore Info
602-714-1388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.