Skip to main content

Multifamily

Canyon Club Apartments

2525 W Pierson St, Phoenix, AZ 85017

Listing Price: $3,150,000

Cap Rate
1.00%
Number of Units
14
Price/Unit
$225,000
Price/Gross SF
$202.65
Gross SF
15,544

Investment Overview

Marcus & Millichap is pleased to announce the opportunity to acquire Canyon Club Apartments, a 14-unit multifamily community located in west Phoenix. The property is located less than a mile from Grand Canyon University, which boasts over 25,000 on-campus students for the 2020-21 academic year, the largest in the school’s history. This rapidly growing area is surrounded by retail stores and restaurants, with major franchises such as Walmart, Target, CVS, Fry’s, and Chick-Fil-A within a two mile radius. Canyon Club’s direct access to Interstate 17 and the Black Canyon corridor makes it a great option for commuters to easily travel into downtown Phoenix, Glendale, and all other popular Valley destinations.

Investment Highlights

  • Located less than a mile from GCU.
  • Direct accesso to I-17 and the Black Canyon corridor.
  • Rapidly growing area surrounded by popular retail.

Exclusively Listed By

Multifamily

Canyon Club Apartments

Listing Price: $3,150,000

Cap Rate
1.00%
Number of Units
14
Price/Unit
$225,000
Price/Gross SF
$202.65
Gross SF
15,544

Investment Highlights

  • Located less than a mile from GCU.
  • Direct accesso to I-17 and the Black Canyon corridor.
  • Rapidly growing area surrounded by popular retail.

Investment Overview

Marcus & Millichap is pleased to announce the opportunity to acquire Canyon Club Apartments, a 14-unit multifamily community located in west Phoenix. The property is located less than a mile from Grand Canyon University, which boasts over 25,000 on-campus students for the 2020-21 academic year, the largest in the school’s history. This rapidly growing area is surrounded by retail stores and restaurants, with major franchises such as Walmart, Target, CVS, Fry’s, and Chick-Fil-A within a two mile radius. Canyon Club’s direct access to Interstate 17 and the Black Canyon corridor makes it a great option for commuters to easily travel into downtown Phoenix, Glendale, and all other popular Valley destinations.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower