Scottsdale Eclipse Luxury Apartments | 1401 N Granite Reef Rd
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Scottsdale Eclipse Luxury Apartments 1401 N Granite Reef Rd
20 Unit Apartment Building For Sale Scottsdale, AZ 85257
Investment Highlights
- 100% Occupancy, Extremely High Demand Rental Marketplace
- 20 Expansive and Private Two Car Garages
- Short Drive and Walkability to the Most Upscale and Diverse Nightlife, Restaurants, Resorts Entertainment and Shopping.
- Exceptionally Large 1,752 to 2,012 Square Foot Two-Bedroom and Three- Bedroom Homes
- Established HOA, Facilitating Future Individual Unit Sale
- Scottsdale Ranked as the Best City in the Country to Find a Job, Boasting a 12% Annual Job Growth
Executive Summary
Strategically located in the heart of Scottsdale, a city renowned for its luxurious lifestyle and vibrant community, Eclipse is an extraordinary multifamily development that sets a new standard for contemporary residential living. This exclusive project seamlessly combines modern architectural sophistication with state-of-the-art amenities and sustainable practices, offering a unique residential experience crafted to the discerning tastes of its residents. Register herein for an in-depth look at what distinguishes this Scottsdale multifamily development.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.89 AC |
| No. Units | 20 | Building Size | 37,236 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.15/1,000 SF |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.89 AC |
| Building Size | 37,236 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Parking Ratio | 1.15/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Washer/Dryer
- Heating
- Double Vanities
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Deck
- Double Pane Windows
- Handrails
- Vinyl Flooring
Site Amenities
- Controlled Access
- Pool
- Grill
- Maintenance on site
- Online Services
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 14 | $3,100 | 1,829 |
| 3+3 | 6 | $3,900 | 1,922 - 2,012 |
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Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 131-09-002C | Total Assessment | $13,262,710 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
131-09-002C
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$13,262,710 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | R-5 (Multi-Family Residential) |
| R-5 (Multi-Family Residential) |
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Scottsdale Eclipse Luxury Apartments | 1401 N Granite Reef Rd
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