Property History
Matthews™֭ is pleased to announce the exclusive offering of Pacifica Apartments, a well-located 7-unit multifamily property situated in a central Phoenix infill location with strong rental fundamentals.
Built in 1958, the property totals approximately 3,911 square feet of net rentable area, offering an average unit size of ±559 square feet—well suited for the surrounding renter profile. The unit mix consists of (5) one-bedroom / one-bath units and (2) two-bedroom / one-bath units, providing a balanced blend of affordability and livability.
The asset presents an attractive opportunity for investors seeking small-balance multifamily exposure with stable in-place income and long-term upside potential in a supply-constrained submarket.
The property’s central infill location, combined with its small unit count, supports consistent demand from renters seeking affordability, convenience, and access to Phoenix’s core employment and lifestyle nodes.
Nearby Employment & Connectivity
● Downtown Phoenix (±4.5 mi)
● Phoenix Sky Harbor International Airport (±4.8 mi)
● Biltmore Area (±4.0 mi)
● Immediate access to SR-51 and Loop 202 (±1.0 mi)
Nearby Dining, Retail & Lifestyle
● Biltmore Fashion Park (±4.0 mi)
● Arcadia dining corridor (±3.3 mi)
● Roosevelt Row Arts District (±4.6 mi)
● Local neighborhood retail and services along Thomas Road and Indian School Road (±4.8 mi
Pacifica is a charming 7-unit boutique apartment community located on 31st Place just north of McDowell Road within the dynamic east Phoenix submarket. Built in 1958 and extensively renovated in 2020, the single story property is made of block construction with pitched composite shingle roof and is individually metered for electricity.
- Great Central Phoenix Location
- High Income Producing Asset
- Proximity to Airport and Multiple Freeways
- Tastefully Renovated
- Steps Away from the Newly Revitalized Grand Canalscape
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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