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Multi-family property for sale in Phoenix, AZ
Multi-family - 3517 E Montecito, Phoenix, AZ
$1,295,000
Rare Four-plex opportunity in the Arcadia Lite area, offering privacy, functionality, and strong ren
Multi-family property for sale in Phoenix, AZ
Multi-family - 4229 N 17th St, Phoenix, AZ
$2,500,000
7,360 Sq. Ft.

Multifamily | 8 Units | Exclusive Investment Opportunity – 5.66% Pro Forma CAP Rate

Arizona is a large and diverse state with an estimated 7.2 million people in 2019, up from the 6.4 million people in the 2010 census. This large population gives rise to a wide-variety of commercial real estate listings of various types. Arizona might be known for its great winter weather, but there is much more to this diverse and interesting state than sunny days. Arizona is home to several large cities including Phoenix, Tucson, Mesa, Chandler, Scottsdale and Tempe. By far the largest city in the state is Phoenix, which is home to a vast assortment of industrial space, commercial reality, retail space and office space.

The largest private sector employer in Arizona is Wal-Mart; however, the state's diverse economy means that there are many employers of various sizes with commercial property and retail space. This fast growing state has a diverse economy and remains a major mining center and producer of cotton. The warm winter weather and geographical wonders, such as the Grand Canyon, further stimulates the state's economy in the form of tourism. Rich in resources, natural beauty and a wonderful winter climate, Arizona continues to enjoy population growth. The state has a variety of commercial property and commercial real estate listings available.


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