Central & Olympic Apartments

Investment Overview

Introducing a prime development opportunity at 8181 South Central Avenue, Phoenix, AZ. The property is fully entitled and permit-ready for 166,018 SF, 55-unit multifamily development. Situated in the R-3 zone and strategically located on the Central Avenue transit corridor, this property offers no entitlement risk with a highly marketable unit mix and moderate density, it presents a lucrative investment prospect for developers. Enjoy the advantages of an infill location just minutes from Downtown Phoenix, Sky Harbor Airport, and major employment centers. Don't miss the chance to capitalize on the ongoing South Phoenix redevelopment and light rail expansion.

Investment Highlights

• Fully entitled and permit-ready development site
• 55 approved multifamily units
• Located on the Central Avenue transit corridor
• Beneficiary of ongoing South Phoenix redevelopment and light rail expansion
• Moderate density with a highly marketable unit mix
• Reduced entitlement risk compared to raw land opportunities
• Attractive infill location minutes from Downtown Phoenix
• Close proximity to Sky Harbor Airport and major employment centers