1221 N 48th St. #-, Phoenix, AZ 85008

Forty-Eight on 48th is a prime infill multifamily development opportunity approved for the construction of forty-eight multifamily units. The 2+ acre parcel of land is located in a thriving area of multifamily redevelopment projects and corporate centers. Two parcels included in the sale. APN: 125-10-007 & 125-10-008 To the north, McDowell Road is home to many employers such as ON Semiconductor, the Arizona National Guard, Azetec and TYPSA Engineering Consulting Groups, and the Arizona State University Sky Song Innovation Center. To the south, the 202 Freeway is adjacent to major employers such as State Farm, Salt River Project, First Solar, and Arizona State University. To the west, the Hohokam Expressway will connect you with employers such as Phoenix Sky Harbor International Airport, Medtronic, and University of Phoenix. Just east lies the iconic Papago Park, which is a 1,200 acre park and home to the Desert Botanical Gardens, Phoenix Zoo, Papago Golf Course, Papago Sports Complex, as well as miles of hiking trails, bike paths, and lakes.