INVESTMENT OPPORTUNITY
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Phoenix Airport Area
12-Unit Investment Property

Prime Airport Business District  │  Approx. 0.7 Acres  │  Future Redevelopment Potential

2549 · 2551 · 2557 · 2559 E Corona Ave
Phoenix, Arizona 85040

ASKING PRICE
US$2,980,000

Investment Highlights

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Discover the property's investment rationale, key features, and long-term value through a comprehensive analysis of its core strengths.

✦ Sustained Growth in Phoenix's Airport Economic CorridorAs one of Arizona's most dynamic economic growth corridors, the Phoenix Airport area continues to benefit from population growth, business expansion, and increasing employment opportunities, supporting long-term demand for rental housing. The property consists of four freestanding residential buildings with a total of twelve rental units situated on approximately 30,024 square feet of land. All units feature efficient two-bedroom, one-bathroom floor plans and have maintained stable occupancy, providing reliable cash flow and proven operational performance. Combined with its sizable land parcel and future redevelopment potential, the property offers a rare combination of stable income, capital preservation, and long-term appreciation within the Phoenix multifamily investment market.✦ Prime Location with Strong and Growing Rental DemandLocated within the core residential area of the Phoenix Airport Economic Corridor, the property enjoys immediate access to Phoenix Sky Harbor International Airport, Interstate 10, and numerous major employment centers in the logistics, manufacturing, and industrial sectors. Excellent transportation infrastructure, established neighborhood amenities, and continued population growth have created a healthy and expanding rental market. The area's strong employment base and convenient location provide a consistent tenant pool while supporting long-term occupancy, rental growth, and asset appreciation.✦ Well-Maintained Property with Efficient Operating StructureThe property consists of four freestanding buildings comprising twelve two-bedroom, one-bathroom residential rental units designed to meet long-term local housing demand. Each unit is equipped with a refrigerator, gas range, range hood, gas water heater, and in-unit washer connections for tenant convenience. Separate electric meters, separate gas meters, and individual utility responsibilities help reduce operating expenses while improving management efficiency. The community also features perimeter fencing and dedicated parking, with two parking spaces assigned to each unit, enhancing tenant satisfaction, property competitiveness, and long-term occupancy stability.✦ Stable Cash Flow Combined with Long-Term Land ValueThis investment combines the dependable income of a stabilized multifamily property with the long-term appreciation potential of a large land parcel in one of Phoenix's fastest-growing submarkets. Investors benefit from immediate rental income while also participating in future land appreciation driven by continued population growth, employment expansion, and ongoing infrastructure investment. The combination of current cash flow and future redevelopment potential provides a balanced investment opportunity with attractive long-term value.✦ Future Redevelopment Potential Creates Additional UpsideUnder the current zoning framework, the property offers meaningful long-term redevelopment potential, providing investors with an additional source of value beyond existing rental operations. As developable land becomes increasingly limited and construction costs continue to rise, large corner parcels such as this property become progressively more valuable. Whether held for long-term income, repositioned for operational improvements, or redeveloped under future market conditions, the site offers multiple pathways to increase land utilization and overall asset value.✦ A Long-Term Investment Offering Income, Stability, and GrowthOverall, the property combines the advantages of a stabilized multifamily asset, efficient operations, an exceptional location, and long-term redevelopment potential within one of Phoenix's strongest economic corridors. Stable cash flow, quality property improvements, future development opportunities, and continued regional economic growth together create a compelling investment profile. For investors seeking long-term ownership, portfolio diversification, a 1031 exchange opportunity, or future redevelopment potential, this property represents a high-quality multifamily investment offering income, stability, and long-term appreciation.

Tour Reservation Notice

This property is currently occupied, and all property tours are by appointment only. To respect the privacy, safety, and daily lives of the current residents, please do not enter the property, parking areas, or any private areas without prior authorization. We kindly ask that you do not contact or disturb current tenants directly. Thank you for your understanding and cooperation.

© 2026 Corona Avenue LLC . All Rights Reserved. The information contained herein is believed to be reliable but is not guaranteed. This material is provided for informational purposes only and does not constitute an offer, solicitation, or investment advice. Prospective purchasers should conduct their own independent due diligence. Equal Housing Opportunity.DISCLAIMER: This website and all accompanying marketing materials, brochures, photographs, aerial images, maps, renderings, AI-generated illustrations, diagrams, floor plans, financial analyses, and other visual or written content are provided solely for general marketing and informational purposes.Certain images, renderings, maps, site plans, and illustrations have been enhanced, edited, artistically interpreted, or generated using artificial intelligence (AI) or other digital visualization technologies to assist in illustrating the property's general characteristics, potential, location, or investment concepts. Such materials are not intended to represent the exact current condition, dimensions, boundaries, improvements, views, or future development of the property and should not be relied upon as factual representations.All property information, including but not limited to lot size, building size, zoning, land use, redevelopment potential, rental income, operating expenses, taxes, permits, financial projections, and investment analyses, is believed to be reliable but is not guaranteed.Prospective purchasers are solely responsible for conducting their own independent investigations and due diligence and should verify all information through the appropriate governmental agencies, licensed professionals, title reports, surveys, inspections, engineering reports, environmental studies, financial records, and any other official sources deemed appropriate. Buyers are strongly encouraged to personally inspect the property and rely upon their own observations and professional advisors before making any purchasing or investment decision.Seller, Corona Avenue LLC, its representatives, consultants, advisors, and all affiliated parties make no representation or warranty, express or implied, as to the accuracy, completeness, or suitability of any information contained herein and expressly disclaim any liability for errors, omissions, inaccuracies, interpretations, or reliance upon such materials.All information is subject to change without notice. Equal Housing Opportunity.