Sun Rise Luxury Apartments

THE OPPORTUNITY

See the potential.

Prime Glendale Multifamily Development Opportunity

Located in the heart of rapidly growing Glendale, this exceptional ±7-acre multifamily development site presents a rare turnkey opportunity for developers and builders seeking a construction-ready apartment project in one of the Phoenix metro area’s strongest rental markets.

Strategically positioned near 59th Avenue & Missouri Avenue, the property is fully approved for 120 apartment units (30 One-Bedroom Units & 90 Two-Bedroom Units), with plans, permits, and entitlements already in place—helping significantly reduce development timelines, risk, and carrying costs.

The project is thoughtfully designed for a modern multifamily community, featuring attractive unit layouts, ample parking, landscaped common areas, and resident-focused amenities. With approvals secured, a developer can move directly toward construction and capitalize on the strong demand for quality rental housing in Glendale and the West Valley corridor.

The site offers excellent accessibility, strong surrounding demographics, and close proximity to major employment centers, retail destinations, schools, entertainment venues, and freeway access. Minutes from destinations including Westgate Entertainment District, State Farm Stadium, and Desert Diamond Arena, the property is ideally positioned to serve the area’s expanding population and workforce.

This is an outstanding opportunity for investors, builders, and multifamily developers seeking a high-potential, fully entitled apartment development in a prime Arizona location.

- Fully Entitled Development Opportunity

Approximately 120-unit multifamily project with plans, permits, and entitlements already approved, allowing for an accelerated path to construction.

- Prime Infill Glendale Location

Strategically located near 59th Avenue & Missouri Avenue in rapidly growing Glendale within the thriving West Valley submarket of Phoenix.

- Strong Unit Mix

Efficiently designed community featuring approximately 30 One-Bedroom Units and 90 Two-Bedroom Units, catering to strong renter demand in the market.

- Reduced Development Risk

Existing approvals and pre-development work significantly reduce entitlement timelines, development uncertainty, and holding costs.

- Construction-Ready Opportunity

Rare shovel-ready multifamily project enabling developers to move directly into the construction phase.

- High-Demand Rental Market

Located within one of the nation’s fastest-growing metropolitan areas, supported by strong population growth, employment expansion, and increasing housing demand.

- Excellent Accessibility

Convenient access to major transportation corridors, freeways, employment hubs, retail centers, and surrounding communities throughout the West Valley.

- Proximity to Major Attractions & Employment Centers

Minutes from destinations including Westgate Entertainment District, State Farm Stadium, and Desert Diamond Arena.

- Modern Community Design

Planned multifamily development includes attractive layouts, landscaped common areas, ample parking, and resident-focused amenities designed for today’s renters.

- Scalable ±7-Acre Site

Large site footprint offers flexibility for an institutional-quality apartment community in a highly desirable growth corridor.

- Strong Long-Term Growth Potential

Positioned to benefit from continued economic development, infrastructure investment, and residential expansion throughout the West Valley.

- Exceptional Opportunity for Developers & Investors

Ideal for multifamily developers, builders, private investors, and institutional groups seeking a high-potential apartment development in a premier Arizona market.

• Vacant

THE DETAILS THAT MATTER

A closer look.

Transaction

For sale

Property type

Land

Building area

Not provided

Lot area

7 acres

Year built

Not provided

Zoning

Multifamily

Information is supplied by the listing source. Unpublished financial fields are omitted. Financial figures and availability should be independently confirmed. Catalog updated Oct 19, 2026.

5544 North 59th Avenue, Glendale, AZ 85301