3021 W Williams Dr - Apartments FOR SALE


Phoenix, AZ 85027- Deer Valley
$7,000,000 USD
602-687-6744
3021 W Williams Dr, Phoenix, AZ for Sale
$7,000,000 USD
Apartments - FOR SALE
1/22
null | 5.04% Cap Rate

3021 W Williams Dr
Phoenix, AZ 85027
Deer Valley


HIGHLIGHTS

  • Newly constructed multifamily asset in North Phoenix
  • Located near major freeways and employment centers
  • Cap rate of 5.04% based on actual NOI
  • Zoned R-4 with potential for future density or redevelopment

OVERVIEW

Williams Court is a newly constructed, 20-unit multifamily community located in North Phoenix, offering investors a stabilized, turnkey asset with strong in-place income and modern construction. Built in 2025, the property spans ±16,800 square feet across two buildings on a ±0.64-acre parcel and is zoned R-4, allowing for medium-density residential use. The unit mix consists entirely of spacious two-bedroom, two-bathroom layouts, each measuring 840 square feet, with current rents ranging from $1,750 to $1,950 per month.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$427 USD /SF

# OF UNITS

20

PRICE/UNIT

$350,000

CAP RATE

5.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Williams Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

R4A

APN/PARCEL ID

206-04-021W

ASK ABOUT THIS PROPERTY

Sean ConnollyMarcus & MillichapMore Info
602-687-6744

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Sean ConnollyMarcus & MillichapMore Info
602-687-6744

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