MULTIFAMILY APARTMENTS IN PHOENIX METRO

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New Horizons

Phoenix, AZ - 51 units

Off market purchase located in the heart of Phoenix, which is among the top of the nation with annual rent growth at 19% (ApartmentList.com, July 2021), #2 best performing labor Market (LaborIQ Index, 2021), and #2 increase in home values (Zillow, 2021).

 

New Horizons is a gated community, with all units consisting of highly desirable 2 bedrooms & 2 baths with a storage unit, accessible via each unit's private balcony or patio.  This property is consistently pre-leased with a waitlist.   

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Park Mesa

Mesa, AZ - 42 units

Another off market purchase, this property is located in the city of Mesa, where tech giants like Facebook, Apple, and Google have begun creating a Tech Corridor.  This creates additional jobs and with that, expanded housing demand. 

Income growth from this property will be from recouping loss to lease, and rent premiums will be achieved by installing in-suite washers and dryers, while expenses will be reduced with an institutional grade property management team.

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Willetta 

Phoenix, AZ - 28 units

Just 5 minutes away from our New Horizons property!  Willetta has two elementary schools located on its street, providing for an ideal prospective tenant base of young families.  In an effort to make this an ideal home for our beloved tenants, we are immediately renovating this property to increase safety and security measures and adding in-unit washers and dryers at each unit turn. 

 KANSAS CITY METRO

 DALLAS METRO

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Walnut Ridge

Parkville, MO - 42 units

The city of Parkville has been named “Most Charming Community” by the Kansas City Star and Men’s Health Magazine. It is regarded as one of the metropolitan area's most highly coveted places to live, work and play. 

 

Just 15 minutes from downtown Kansas City and located next to million dollar golf course homes, this property has incredible tenant demand, resulting in unwavering high occupancy even through COVID.  Upon acquisition, Walnut Ridge was a heavy lift project, requiring major interior renovations, resulting in an upgraded tenant profile as well as increased rents.

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Garden Park

Arlington, TX - 252 units

Arlington is considered to be the entertainment capital of Texas, and the property is just three miles from AT&T Stadium, home of the Dallas Cowboys, Globe Life Field, home of the Texas Rangers, and the Arlington Convention Center.  

 

Garden Park presents a value add opportunity with 80% of its units in classic condition, and has an excellent mix with over half of the units being 2 bedrooms (70 of which are townhomes).  Its amenities include a pool, playground, reserved parking, large outdoor patios, central barbecue area, fireplaces in select units and an outdoor yoga space.