Peoria Multifamily Buyer
Sell Your Commercial Property In Peoria, AZ
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Peoria and across Maricopa County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Old Town Peoria · Fletcher Heights · Vistancia · Lake Pleasant — Maricopa County, AZ
Local Demand
Our View On Peoria
Peoria, a Maricopa County city, had 196,906 residents in the ACS 2020-2024, with a median household income of $95,815. Renters occupy 24.0% of Peoria homes, and median gross rent was $1,843. Its housing is young: the median home was built in 1999, and 20.7% date from 2010 or later. This profile covers Peoria rents, HUD FY2027 fair market rents, Maricopa County taxes with a $2M example, and landlord rules. It is written for owners who want to sell commercial property in Peoria, AZ.
Spring training complex
The 145-acre Peoria Sports Complex hosts Padres and Mariners spring training, with team leases extended through 2034, and anchors P83.School and city payrolls
Peoria Unified School District employs 2,130 and the City of Peoria 1,810, per 2022 Maricopa Association of Governments data.Newer housing growth
In Peoria, 20.7% of homes were built in 2010 or later, versus 15.4% across Maricopa County (ACS 2020-2024).Our Buy Box
What We Buy In Peoria
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Peoria Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Peoria
Renters occupy 24.0% of Peoria's 73,824 occupied homes, per the ACS 2020-2024 tenure table. That is 17,714 renter households, below Maricopa County's 34.8% renter share. In Peoria, 13.0% of homes sit in buildings with five or more units, per ACS table B25024. Only 9.5% of Peoria housing was built before 1980, per ACS table B25034.
Rental vacancy in Peoria was 10.4% in ACS 2020-2024 profile table DP04. Owners who want to sell commercial real estate in Peoria, AZ are working with a young, compact apartment base.
Rents and affordability in Peoria
Median gross rent in Peoria was $1,843 a month in ACS 2020-2024, per table B25064, above Maricopa County's $1,708. Still, 56.3% of Peoria renters pay 30% or more of income on rent, per table B25070.
| Unit size | HUD FY2027 FMR |
|---|---|
| Studio | $1,390 |
| 1 bedroom | $1,493 |
| 2 bedroom | $1,734 |
| 3 bedroom | $2,287 |
| 4 bedroom | $2,537 |
Peoria's median rent of $1,843 exceeds the two-bedroom figure in HUD's FY2027 fair market rents for the Phoenix-Mesa-Chandler, AZ MSA.
Property taxes in Maricopa County
Apartments are class 4 property assessed at 10% of value under A.R.S. 42-15004. Limited property value can rise at most 5% a year under A.R.S. 42-13301. The 2026 Maricopa County levy sets Peoria's city rates at 0.2900 primary and 1.1500 secondary per $100.
In the Peoria Unified #11 area, 2026 rates total 8.7529 per $100 of assessed value. A $2,000,000 building assessed at 10% has a $200,000 assessed value. At 8.7529, the annual tax is about $17,506.
Valuation appeals are due within 60 days of the notice under A.R.S. 42-16051. An owner preparing to sell commercial property in Peoria, AZ can use recent tax bills to show buyers real operating costs.
Landlord rules in Peoria
Peoria cannot cap rents, because A.R.S. 33-1329 preempts rent control on private residential property. Deposits are capped at one and a half months' rent under A.R.S. 33-1321. Unpaid rent allows termination after a five-day written notice under A.R.S. 33-1368.
Rental owners must register with the county assessor under A.R.S. 33-1902.
What it means for a Peoria owner
If you plan to sell commercial property in Peoria, AZ, gather rent rolls, tax bills and assessor registration first. Test pricing with our cap rate calculator.
Skyline Capital Investments buys 5+ unit buildings, listed or off-market. To sell your apartment building in Peoria, see how we underwrite on our seller page.
Local Knowledge
What Shapes A Peoria Offer
More about selling in Arizona →Investing in Peoria? See apartment syndications in Peoria →
- Peoria's two-bedroom HUD FY2027 fair market rent is $1,734 for the Phoenix-Mesa-Chandler, AZ MSA.
- Arizona's constitution bars new transfer taxes, a plus for owners who sell commercial real estate in Peoria, AZ.
- In Peoria, 26.5% of renter households spend half or more of income on rent (ACS 2020-2024).
Seller Guides
Peoria Seller Situations
Learn More
Taxes & Rules For Peoria Property
The Arizona rules that shape any deal in Peoria: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Peoria Seller FAQ
How do I sell commercial property in Peoria, AZ for the best price?
Buyers pricing a Peoria building review trailing rent rolls, Maricopa County tax bills and assessor registration under A.R.S. 33-1902. Peoria's median gross rent of $1,843 and 10.4% rental vacancy frame their underwriting. Skyline Capital Investments buys 5+ unit buildings directly.
What property tax rate will buyers see when I sell commercial real estate in Peoria, AZ?
In the Peoria Unified #11 area, 2026 Maricopa County rates total 8.7529 per $100 of assessed value. Apartments are assessed at 10% of value, so a $2,000,000 building owes about $17,506 a year. Rates differ in the Dysart, Deer Valley and Nadaburg school districts.
Is there rent control in Peoria, Arizona?
No. A.R.S. 33-1329 preempts rent control on private residential property, so Peoria cannot cap rents. Owners selling commercial property in Peoria can show buyers market-rate leases. Deposits are capped at one and a half months' rent, and unpaid rent allows a five-day termination notice.
How many apartments are in Peoria?
Peoria had 10,304 homes in buildings with five or more units in ACS 2020-2024, or 13.0% of 79,085 housing units. Of those, 5,559 were in complexes of 50 or more units. Maricopa County's 5+ unit share is higher, at 20.7%.
Who buys apartment buildings in Peoria?
Skyline Capital Investments buys 5+ unit buildings in Peoria. Owners who want to sell multifamily property in Peoria can share a rent roll and recent expenses for review. We price from trailing net operating income, tax bills and each building's repair needs.
Will you buy a Peoria property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Peoria brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Peoria, and we keep every conversation confidential.
Can I sell rental property in Peoria with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
Do I need a broker to sell my apartment building in Peoria?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In Peoria
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
