AZ > Phoenix
Phoenix, AZ 85021,2016 W Orangewood Avenue
Phoenix, AZ 85021,2016 W Orangewood Avenue
Phoenix, AZ 85021,2016 W Orangewood Avenue
Phoenix, AZ 85021,2016 W Orangewood Avenue
Phoenix, AZ 85021,2016 W Orangewood Avenue
Phoenix, AZ 85021,2016 W Orangewood Avenue
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Kevin Valle

Kevin Valle

+1(602) 769-9767
$ 4,550,000
Est. payment | /mo
Save
$ 4,550,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6911601

Maintenance Fees $9,600

Year Built 2018

Annual Tax Amount $24,774

Tax Year 2025

Lot Dimensions 0.78

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Macallister, a 24-unit apartment community, just north of the Glendale Avenue and 19th Avenue intersection, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management.

Developed in 2018, Macallister is comprised of 12 studios (50%), 8 one-bedroom (33%), and 4 two-bedroom (17%) floorplans, offering an average of 700 square feet. All units feature attractive amenities including 9-foot ceilings, balconies/patios (select units), in-suite washer/dryers, stainless steel appliances, and granite countertops.

Location

State AZ

County Maricopa

Zoning R-5

Interior

Heating Individual

Cooling Individual

Flooring Carpet, Vinyl

Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

Exterior

Parking Features >1 Space Per Unit

Community Features Pool

Roof Type Tile

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 157-19-140

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Marcus & Millichap
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+1(602) 769-9767

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3618 W Camino Real, Glendale, AZ, 85310, USA

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2016 W Orangewood Avenue