480-425-5516
207 E McDowell Rd, Phoenix, AZ for Sale
Apartments - FOR SALE
1/4
null | Request Cap Rate

207 E McDowell Rd
Phoenix, AZ 85004
Encanto


HIGHLIGHTS

  • Prime location in Midtown Phoenix, just east of Central Avenue along McDowell Road
  • Walkable to major healthcare institutions, cultural landmarks like the Phoenix Art Museum and Heard Museum, education institutions like ASU and UofA
  • Immediate access to I-10, SR-51, and Loop 202, providing seamless connectivity across the Valley for both customers and employees
  • Outstanding street presence with strong traffic counts on McDowell Road, ensuring maximum exposure to a steady mix of daytime professionals, students,

OVERVIEW

Transwestern is pleased to exclusively present the opportunity to acquire ±134-unit multifamily development at 207 E McDowell Road in Phoenix, Arizona, a premier location in the heart of the city’s Midtown district. Positioned along McDowell Road just east of Central Avenue, the Property offers outstanding visibility with strong traffic counts and immediate access to I-10, State Route 51, and the Loop 202. The site benefits from its proximity to major healthcare institutions, cultural destinations, the Phoenix Bioscience Core, and a strong employment base, creating sustained housing demand from both young professionals and families. Midtown Phoenix continues to experience significant growth, fueled by ongoing investment, an expanding residential base, and its adjacency to downtown. This offering represents a rare opportunity for investors to acquire a multifamily asset in one of Phoenix’s most dynamic and connected urban corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

134

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alba Residences

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2028

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

111-35-043A,111-35-045A

ASK ABOUT THIS PROPERTY

Paul BorgesenTranswestern Real Estate ServicesMore Info
480-425-5516

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

Paul BorgesenTranswestern Real Estate ServicesMore Info
480-425-5516

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