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Rodeo Rd & N Kadota Ave

156 Unit Apartment Building $2,900,000 ($18,590/Unit) Casa Grande, AZ 85122

Executive Summary

Marcus & Millichap is pleased to announce the opportunity to acquire an 8.4 Acre, development site in Casa Grande known as Rodeo Crossing.
The development site is located on East Rodeo and North Kadota Ave. The Rodeo Crossing is located one mile North of Casa Grande’s improving downtown and major employers including Lucid Motors, Hexcel, Abbot Nutrition, Frito Lay, Price Industries and the Daisy Brand. The Rodeo Crossing project is a shovel ready site with plans approved to develop 156 units comprised of forty-eight one bedrooms, ninety-six two bedrooms, and twelve three-bedroom units. This development opportunity allows the owner to immediately pull permits.

Property Facts

Price $2,900,000
Price Per Unit $18,590
Sale Type Investment
No. Units 156
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 8.40 AC
Construction Status Proposed
Building Size 138,240 SF
No. Stories 3
Year Built 2025

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 12 - 1,100
2+2 96 - 950
1+1 48 - 705

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
504-07-009E
Land Assessment
$516,470
Improvements Assessment
$0
Total Assessment
$516,470
  • Listing ID: 27489274

  • Date on Market: 1/11/2023

  • Last Updated:

  • Address: Rodeo Rd & N Kadota Ave, Casa Grande, AZ 85122

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