6077 N 60TH Avenue, Glendale, AZ 85301 (MLS# 7033508)

6077 N 60TH Avenue, Glendale, AZ 85301

$13,910,000

Property Type: Multiple Dwellings Status: Active

Current Price: $13,910,000 Last Modified: 5/27/2026

Description

Rare opportunity to acquire a newly constructed prime multifamily investment property in the growing community of Glendale, AZ. Situated on 2.1 acres in the heart of the city, the property consists of 17 two-story duplex buildings totaling 34 rental apartment homes. Construction has recently been completed, and the community is currently in lease-up. Highlights include: • Newly constructed multifamily community • 17 two-story duplex buildings with a total of 34 rental apartment homes • 22 two-bedroom, two-bath units averaging approximately 842 SF • 12 three-bedroom, two-bath units averaging approximately 1,040 SF • Situated on 2.1 acres • Separately metered utilities Buyer to independently verify all information, property data, specifications, and sq. ft. prior to close of esc

More Information MLS# 7033508

Contract Info

Ownership: Fee Simple Current Price: $13,910,000 List Price: $13,910,000 Status: Active List Date: 2026-05-26

Location, Tax & Legal

Assessor's Map #: 19 Legal Description (Abbrev): ORCHARD ADDITION TO GLENDALE MCR 3/30 S 350F W 29 1.38F N 700F S 900.38F E 900.38F OF LOTS 4 & 5 & 6 Assessor's Parcel #: 28 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Glendale Census Tract: 92802 Taxes: 4939 Legal: ORCHARD ADDITION TO GLENDALE MCR 3/30 S 350F W 29 1.38F N 700F S 900.38F E 900.38F OF LOTS 4 & 5 & 6 Marketing Name: Tempo Apartment Homes House Number: 6077 Compass: N Street Name: 60TH St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85301 Zip4: 5101 Country: US County Code: Maricopa Subdivision: ORCHARD ADD BLK 6 LOT 5-10 Assessor Number: 144-19-028-A Tax Year: 2025

General Property Description

# of Buildings: 17 Uncvrd Parking Spcs: 0 Lot Size Dimensions: unknown Total # of Units: 34 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District Year Built: 2026 Zoning: R-3

Legal Info

Range: 2E Section: 7 Township: 2N Lot Number: 4

Project Type

Duplex: 1 25 - 50 Units: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Laminate: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 4939 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 745218

Pmt & Rate Info

Cap Rate: 4.52 Equity: 13910000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Community Features

Other: 1

Heating

Central: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Exterior Amenities

Landscape Water System: 1

Tenant Pays

Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1 Cable TV: 1

Appliances Included

Built-In Electric Oven: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Built-In Range: 1 Washer/Dryer: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Carport: 1 <1 Space Per Unit: 1

Electric

Submetered System: 1

Gas

None: 1

Owner Pays

Landscaping: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1 Trade: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 22 Avg Rent: 1499 Avg SqFt: 841 # Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: 12 Avg Rent: 1798 Avg SqFt: 1040 # Baths: 2

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Geo Lat: 33.52516 Geo Lon: -112.188819

Income Expenses

Gross Annual Sch Inc: 784440 Net Operating Income: 628383

Property Features

Project Type: Duplex; 25 - 50 Units Construction: Wood Frame Const - Finish: Painted Roofing: Composition Floors: Laminate Sale Includes: Land & Building Community Features: Other Exterior Amenities: Landscape Water System Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: Submetered System Gas: None Parking Features: Carport; <1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange; Trade Environmental: None

Listing Office: Keller Williams Arizona Realty

Last Updated: May - 27 - 2026