

Circle Trail - 56 Town Homes
750 West Superstition Boulevard, Apache Junction, AZ 85120
Marketing description
Prime 4.39-acre site planned for 56 three-bedroom, two story town homes. Located on Superstition Boulevard with direct access to US Route 60 connecting to Mesa and the broader East Valley employment corridor. The property offers established utilities, flat topography, and immediate readiness.
Prime 4.39-acre townhome development opportunity in Apache Junction, one of the East Valley's fastest-growing affordable housing markets. This site is planned for 56 three-bedroom, two-story town homes and positioned to capture surging demand in a city experiencing a historic development boom.
Apache Junction's population has grown 7% since 2020 to over 41,000 residents, driven by buyers seeking East Valley affordability with median home prices of $415,000-significantly below Phoenix's $623,000 median. The city recently approved a transformational 10,000-home master-planned community by Brookfield and D.R. Horton that will add 25,000 residents over the next decade, and the City Council adopted a new Downtown Master Plan in November 2024 that purchased 10 acres of former Grand Hotel property to catalyze commercial and residential development. Major multifamily projects are underway including the 543-unit 88 North development, reflecting strong institutional confidence in the market.
Located along Superstition Boulevard with easy access to US Route 60, the site offers connectivity to Mesa's Fortune 500 employers including Boeing and Northrop Grumman, while Apache Junction's lower cost of living and small-town character continue attracting young professionals, families, and workforce housing demand. The city is actively promoting affordable housing initiatives and streamlining development processes to accommodate growth, with over 900 building permits issued in 2023 alone. This townhome site represents a compelling opportunity to deliver attainable for-sale housing in a market with proven absorption and significant tailwinds from ongoing regional investment.
Investment highlights
- Units 56
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