Pavilions at Arrowhead

Investment Overview

Newmark Multifamily has been exclusively retained to offer for sale of Pavilions at Arrowhead (the "Property") located in Glendale, Arizona. Pavilions at Arrowhead features one- and two-bedroom apartment homes across 248 residential units; upgraded interiors including luxury vinyl plank flooring, full-size in-unit washers and dryers, walk-in closets, and private patios or balconies; a resort-style outdoor pool with spa/hot tub; a 24-hour fitness center and clubhouse; a dog park and pet-friendly grounds. The community sits within the established Arrowhead Ranch neighborhood, minutes from Arrowhead Towne Center's shopping, dining, and entertainment, with easy access to I-17, Loop 101, and the greater Phoenix Valley. ​​​​​​​Arrowhead Ranch is arguably the best west valley location in the Phoenix MSA, offering, direct loop 101 access, in a high demographic planned community lined with lakes and golf courses. Pavilions at Arrowhead provides the next owner the opportunity to take advantage of an institutionally maintained 1998 vintage value-add apartment complex with more than 90% of the units available to renovate. These renovations could include white shaker cabinets, hard surface countertops with tile backsplashes, stainless steel under mount sinks, a retractable faucet, built in microwaves and stainless-steel appliances, contemporary lighting, luxury vinyl plank flooring, enhanced showers and more. In addition, Arrowhead Ranch is beginning to recover faster than other pockets of the valley since there is little to no supply coming into the submarket and only 1,329 units have been delivered since 2010. Furthermore, as of June of 2026 Pavilions at Arrowhead has started to see positive lease trade outs, which very few properties have achieved in the Phoenix MSA. The next purchaser can also update the already state-of-the-art amenities by adding a dog wash station, playground, additional EV charging stations, and enhancing the area adjacent to the resort style pool with an outdoor seating area and television to allow residents to rent this space to entertain their guests.