207 E McDowell Rd
Land | 0.96 acres
Marketing description
Transwestern is pleased to exclusively present the opportunity to acquire ±134-unit multifamily development at 207 E McDowell Road in Phoenix, Arizona, a premier location in the heart of the city’s Midtown district. Positioned along McDowell Road just east of Central Avenue, the Property offers outstanding visibility with strong traffic counts and immediate access to I-10, State Route 51, and the Loop 202.
The site benefits from its proximity to major healthcare institutions, cultural destinations, the Phoenix Bioscience Core, and a strong employment base, creating sustained housing demand from both young professionals and families. Midtown Phoenix continues to experience significant growth, fueled by ongoing investment, an expanding residential base, and its adjacency to downtown.
This offering represents a rare opportunity for investors to acquire a multifamily asset in one of Phoenix’s most dynamic and connected urban corridors.
Investment highlights
URBAN CORE SETTING:
Prime location in Midtown Phoenix, just east of Central Avenue along McDowell Road — one of the city’s most active and connected urban corridors.
SURROUNDED BY DEMAND DRIVERS:
Walkable to major healthcare institutions, cultural landmarks like the Phoenix Art Museum and Heard Museum, education institutions like ASU and U of A’s downtown campuses, and a strong residential base supported by ongoing multifamily development.
REGIONAL CONNECTIVITY:
Immediate access to I-10, SR-51, and Loop 202, providing seamless connectivity across the Valley for both customers and employees.
VISIBILITY & TRAFFIC:
Outstanding street presence with strong traffic counts on McDowell Road, ensuring maximum exposure to a steady mix of daytime professionals, students, and neighborhood residents.
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