Positioned in the heart of the booming 85016 zip code, this luxury infill multifamily development opportunity allows you to capitalize on the high-demand, luxury rental market between the Camelback Corridor and Arcadia Lite. • Plug-and-Play: Includes previously approved construction plans for (4) 2-bedroom / 1.5-bathroom units (approximately 1,063 SF each). Architectural, civil, landscaping, structural, mechanical, plumbing, and electrical plans are complete—significantly reducing the development timeline • Flexible Development Strategy: Utilize the existing approved plans for (2) two-story duplexes—featuring private courtyards, dog park, and covered parking—or create your own modern vision for this spacious 10,515 SF lot • Unbeatable Location: Situated ±1.2 miles from the Camelback Corridor Financial District, approximately 10 minutes from Phoenix Sky Harbor International Airport, and adjacent to top-tier dining and shopping at Biltmore Fashion Park • High-Margin Density: A rare chance to build high-end “missing middle” housing on a 10,515 SF lot, allowing for generous unit sizes and premium amenities without excessive density restrictions • Residential Financing Ease: Develop as a fourplex to bypass complex, high-interest commercial loan requirements, utilizing standard residential financing for improved IRR • Proven Valuation Drivers: Located in a high-velocity market with neighboring multifamily projects commanding sales over $2.5M. Average days on market in this pocket remain highly compressed • Modern Design Aesthetic: Plans call for a contemporary minimalist style, featuring sandblasted CMU, clean geometric forms, flat rooflines, and floor-to-ceiling glass—perfect for attracting luxury tenants / buyers INVESTMENT HIGHLIGHTS • Total Units: Includes Previously Approved Plans for (4) Luxury 2-Bed / 1.5-Bath Units (Approximately 1,063 SF Each), Complete With Architectural, Civil, Structural, & MEP Plans to Expedite Your Timeline • Project Features: In-Suite Laundry, Open-Concept Living, & Private Patios • Site Amenities: Covered Parking, Professionally Designed Landscaping, Dog Park, Central Courtyard, & Secured Trash / Recycling • Infrastructure: U/G Electrical Service & Perimeter Site Walls Included in Plans • Arcadia Lite & Biltmore Access: Seconds From Top-Tier Dining, Upscale Retail, & Employment Hubs • Outdoor Lifestyle: Minutes to Hiking at Piestewa Peak & Camelback Mountain • High Connectivity: Fast Access to SR-51 & I-10 for Quick Commuting to Downtown or Old Town Scottsdale • Quiet & Walkable: Located in a Premier Residential Pocket With High Walkability (Rated 8/10) & Quiet, Tree-Lined Surroundings • Façade: Distinct, Modular Grid Pattern Featuring Alternating White & Grey / Metallic Rectangular Panels • Structure: Sharp, Clean, Rectilinear Shapes With Industrial Accents • Interior: Sandblasted CMU Block Walls, Waterfall Edge Kitchen Islands, Floor-to-Ceiling Glass Sliding Doors