750 West Superstition Boulevard

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750 West Superstition Boulevard

Apache Junction, AZ 85120
Asking Price
$2.10M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development site located at 750 West Superstition Boulevard in Apache Junction.
  • The property is currently listed for sale at 2,100,000 dollars.
  • Proposed plans allow for a residential project featuring 56 units.
  • Positioned within the growing Phoenix metropolitan East Valley submarket.
  • The land is suited for high-density residential development projects.

What's Special

Development of this land at 750 West Superstition Boulevard provides an opportunity to capitalize on the expansion of Apache Junction. As the region continues to experience steady population growth, this site is well-positioned for projects requiring multi-unit residential capacity. The location allows for a 56-unit development, aligning with the rising demand for housing in this part of the Phoenix metropolitan area. With convenient access to major arterial routes, the property supports commuters and residents looking to integrate into the growing local economy of the East Valley. The scale of the parcel provides enough density for efficient residential floor plans while maintaining proximity to essential retail and services found throughout Apache Junction. Investors and developers focused on expanding their footprint in emerging suburban submarkets will find the site metrics suitable for a high-density residential project.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

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