11830 N 28th Drive, Phoenix, AZ 85029
$6,900,000

Property Type: Multiple Dwellings Status: Active
Current Price: $6,900,000 Last Modified: 1/20/2026
Description
UNDER CONSTRUCTION - PROJECTED COMPLETION JANUARY 2026 Gated Townhome Complex, 12 4bd/3bth trilevel, 2215sf units. There are two buildings, each end unit benefits from additional windows and a larger balcony! Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances! There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space! There will be 13 additional parking spaces (outside of the garage space with 1 of them ada). 26,400 rentable area of property on nearly an acre!
More Information MLS# 6970824
Contract Info
Ownership: Fee Simple Current Price: $6,900,000 List Price: $6,900,000 Status: Active List Date: 2026-01-19
Location, Tax & Legal
Assessor's Map #: 63 Assessor's Parcel #: 720 Add'l Parcels: No Tax Municipality: Phoenix Taxes: 15897 Legal: LOT 3 LAKE BILTMORE VILLAGE NORTH MCR 059508 Marketing Name: Apex Townhomes House Number: 11830 Compass: N Street Name: 28th St Suffix: Drive City/Town Code: Phoenix State/Province: AZ Zip Code: 85029 County Code: Maricopa Assessor Number: 149-63-720 Tax Year: 2024
General Property Description
# of Buildings: 2 Uncvrd Parking Spcs: 13 Lot Size Dimensions: irregular Total # of Units: 12 High School District: Glendale Union High School District Year Built: 2024 Zoning: c1
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1 Stucco: 1 Brick Veneer: 1
Roofing
Foam: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 15897 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 465120
Pmt & Rate Info
Cap Rate: 5.65 Equity: 6900000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Other: 1
Community Features
Pool: 1
Heating
Ceiling: 1 Electric: 1
Cooling
Ceiling Fan(s): 1 Electric: 1
Exterior Amenities
Green Landscaping: 1 Fenced: 1 Cable TV Available: 1 TV Antenna: 1 Patio/Balcony: 1 Security Light(s): 1 Other (See Remarks): 1
Interior Features
Unfurnished: 1 Fire Sprinklers: 1
Tenant Pays
Electricity: 1 Cable TV: 1
Appliances Included
Dishwasher: 1 Disposal: 1 Microwave: 1 Free-Standing Range: 1 W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1 Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1 Garage Door Opener: 1
Electric
APS: 1 Master Meter: 1 Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1 Sewer: 1 Electric: 1 Trash Collection: 1 Pool Maintenance: 1
New Financing
Cash: 1 Conventional: 1 Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 12 Avg Rent: 3400 Avg SqFt: 2100 # Baths: 3
Remarks Misc
Cross Street: Cactus Rd and 28th Drive Directions: South on 28th Drive, property is on the right (west side of rd). Geo Lat: 33.594269 Geo Lon: -112.120631
Legal Info
Lot Number: 3
Income Expenses
Gross Annual Sch Inc: 489600 Net Operating Income: 389515
Property Features
Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco; Brick Veneer Roofing: Foam Floors: Vinyl Sale Includes: Land & Building Community Features: Pool Exterior Amenities: Green Landscaping; Fenced; Cable TV Available; TV Antenna; Patio/Balcony; Security Light(s); Other (See Remarks) Interior Features: Unfurnished; Fire Sprinklers Appliances Included: Free-Standing Range; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Ceiling Cooling: Ceiling Fan(s); Electric Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Master Meter; Individual Meter Gas: None Parking Features: Garage; Garage Door Opener Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Projected Proforma Lockbox Type: Other New Financing: Cash; Conventional; Other (See Remarks) Environmental: None
Listing Office: Prestige Realty

Last Updated: January - 20 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
