Eclipse Apartments is an attractive, 75-unit multifamily asset located at 2641 W Butler Drive in Phoenix, Arizona. Established along the Interstate 17 corridor and only 10 miles north of downtown, this desirable location offers convenient access for commuters throughout the region. Residents also enjoy being surrounded by a wealth of nationally recognized retail amenities, including Starbucks, Subway, Chick-fil-A, Texas Roadhouse, PetSmart, Ross Stores, Best Buy, Lowe’s, and many more. Eclipse Apartments is also less than a 30-minute drive to several universities such as Arizona State University Tempe Campus, University of Phoenix, Arizona Christina University, Brookline College Phoenix Campus, making it particularly appealing to students, young professionals, and campus employees seeking housing options near their academic and professional pursuits.

Renovated in 2019, the Eclipse Apartments complex comprises an ideal mix of studio, one-bedroom, and two-bedroom apartment units averaging 800 square feet. Amenities such as a pool, laundry facility, office, and playground enhance the overall functionality and attraction of the community for residents. Currently 98.6% occupied, Eclipse Apartments presents a compelling opportunity for an investor to acquire a profitable asset in a prime location. This nearly stabilized multifamily community offers diverse upside potential for new ownership. Add immediate value through full lease-up of the vacant units at market rates while strategizing future value-add propositions through property improvements, a broader amenity package, and rent escalations.

Phoenix is one of the largest cities in the United States, and the nation’s single-largest state capital city. Surrounded by panoramic views of Arizona’s iconic desert scenery, the dense urban core boasts a wealth of world-class amenities for both adventure seekers and city dwellers, including hot air balloon flights, hikes, museums, national sports, and more. Phoenix plays an important role in the economy of the Southwestern region of the country. Some of the largest companies headquartered in Phoenix are Banner Health, PetSmart, US Airways, and ON Semiconductor. Renowned for its thriving economy and industry-leading business sector, this city is destined for long-term investment success.

Property tours are available by appointment only. Please contact the listing broker to schedule.