Garden Style Multifamily Community for Sale in Phoenix

For Sale

Cove on 44th 4030 N 44th Ave, Phoenix, AZ 85031

This Phoenix property for sale is located at Cove on 44th 4030 N 44th Ave. Contact the listing broker for details on the current sale price for Garden Style Multifamily Community for Sale in Phoenix. Garden Style Multifamily Community for Sale in Phoenix is situated on a lot that is 8.05 square feet in size.

Contacts

Chris Roach
Brad Cooke
Matthew Roach
Cindy Cooke

Property Details

  • Property Type Other
  • Property Size 134,108 SF
  • Lot Size 8.05 SF
  • Year Built 1983
  • Date Updated Jul 3, 2026

Cove on 44th is a 256-unit, 1983-vintage garden-style community of individually metered studio and one-bedroom floor plans across 12 buildings on ±8.05 acres, with direct access to both I-17 and I-10 and a short commute to Downtown Phoenix. The opportunity is defined by strong in-place occupancy, a proven renovation program, and a location supported by the Phoenix metro’s continued population and job growth.

Visit our property website to learn more and to request the offering memorandum

Currently owned by Starwood, Cove on 44th has been managed by Chamberlin & Associates since July 2024. Operations have improved steadily under Chamberlin’s management, with vacancy, concessions, and bad debt all moving toward submarket norms. Effective rent trails market, presenting immediate upside that requires no capital to capture, and in-place physical occupancy reflects genuine renter demand for the product type and location.

The value-add program is well underway, with 59 units already renovated under a proven Deluxe upgrade concept commanding a meaningful rent premium. The remaining 197 units represent a clear runway for new ownership to continue the program. At full stabilization, the renovation program is projected to generate over $528,000 in annual premium income across renovation premiums, washer/dryer installation, and additional utility reimbursement opportunities.

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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 67/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 63/100

    Bike Score ®

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Location

  • City Phoenix, AZ
  • Neighborhood Maryvale
  • Zip Code 85031

Points of Interest

  • 19th Ave/ Camelback

    3.41 miles

  • 19th Ave/ Montebello

    3.68 miles

  • 7th Ave/ Camelback

    4.26 miles

  • Glendale/ 19th Ave

    4.39 miles

  • Indian School/ Central Ave

    4.68 miles

  • Osborn/ Central Ave

    4.70 miles

  • Central Ave/ Camelback

    4.70 miles

  • Campbell/ Central Ave

    4.70 miles

  • Thomas/ Central Ave

    4.76 miles

  • Encanto/ Central Ave

    4.88 miles

  • QuikTrip

    0.22 miles

  • Arco

    0.25 miles

  • Chevron

    0.91 miles

  • Circle K

    0.96 miles

  • Kings Gas

    1.19 miles

  • Mobil

    1.20 miles

  • Phoenix - North 19th Avenue Supercharger

    3.74 miles

  • Blink

    3.78 miles

  • Tesla Supercharger

    4.39 miles

  • ChargePoint

    4.74 miles

  • 33rd Ave Parking Garage

    1.79 miles

  • Halo Parking Garage

    1.85 miles

  • Grove Parking Garage

    1.95 miles

  • 31st Ave Garage

    2.07 miles

  • 29th Ave Garage

    2.13 miles

  • Missouri Garage

    2.44 miles

  • 75 - Rivers Parking Garage

    2.54 miles

  • Arizona State Fair Vendor Parking

    3.40 miles

  • Metro Rail Park'n'Ride

    3.43 miles

  • Arizona State Fair Parking Lot C - West

    3.43 miles

  • HomeTowne Studios Phoenix West

    2.06 miles

  • La Quinta Inn & Suites Phoenix I-10 West

    2.08 miles

  • Extended Stay America Select Suites - Phoenix - West

    2.11 miles

  • Days Inn by Wyndham Phoenix West

    2.15 miles

  • InTown Suites Extended Stay Phoenix AZ - West

    2.16 miles

  • GreenTree Hotel Phoenix West

    2.22 miles

  • American Inn

    2.23 miles

  • Budget Inn

    2.25 miles

  • Red Roof Plus+ Phoenix West

    2.26 miles

  • Motel 6 Phoenix, AZ - West

    2.29 miles

  • El Super

    0.91 miles

  • Walmart Supercenter

    1.06 miles

  • Ross

    1.12 miles

  • Cardenas

    1.49 miles

  • dd's Discounts

    1.57 miles

  • Lams Market

    1.72 miles

  • Fry's Mercado

    1.82 miles

  • Dollar Days Store

    1.97 miles

  • Fry's Food and Drug

    1.99 miles

  • Food City

    2.01 miles

Contact Garden Style Multifamily Community for Sale in Phoenix
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