$12,500,000
6077 N 60TH Avenue
Glendale, AZ 85301
MLS# 7033508
80 beds  |  68 baths
Exterior 10
  1 / 20  
Exterior 10 Exterior 12 Exterior 8 Exterior (3) Exterior 11 Exterior 9 Exterior 6 1000020416 Exterior 7 Exterior 5 Interior 2 Interior 4 Interior 1 Interior 3 Bath Interior 5 Interior 6 Interior 7 Interior 8 Interior 9

Property Description
MAJOR PRICE REDUCTION - Priced to sell at $12,500,000, just reduced $1,410,000. Rare opportunity to acquire a newly built prime multifamily investment property in the growing community of Glendale, AZ. Situated on 2.1 acres, project consists of 17 two-story duplexes, totaling 34 rental apartment units. Construction was completed in 2026. Highlights include: • Newly constructed multifamily community • 17 two-story duplex buildings with total 34 rental apartment homes • 22 - 2BR, 2BA units averaging appx. 842 SF • 12 - 3BR, 2BA units averaging appx. 1,040 SF • Situated on 2.1 acres • Separately metered utilities • Flexible terms: sell, trade, exchange. Seller can add land ready to built 30 more units in Apache Junction, AZ. Buyer to verify all property info and data before close of escrow

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $12,500,000
List Price: $12,500,000
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
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
Structure
Bedrooms Total: 80
Bathrooms Total: 68
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: 5.03
Equity: 12500000
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
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
IDX
Listing Office: Keller Williams Arizona Realty

Office Phone: 480-767-3000

Office Email: laurie.johnson@kw.com

Last Updated: September - 15 - 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.

Search powered by FBS Products
Select one or more locations to search for properties
Property Type
Property Sub Types
Property Sub Types