- Property type: Arizona
- Strategy: Multifamily Core-plus
- Location: Phoenix AZ
- State: Arizona
- Status: Owned
Details
Village Greens of Queen Creek is a 50-unit, “built-for-rent” Class A, multi-family community constructed in 2020 and located in Queen Creek, AZ. The Property consists of townhome style units with private backyards, 9-foot plus ceiling heights, and high-end finishes such as quartz countertops, kitchen islands, and in-unit washers and dryers. Rincon’s business plan includes capitalizing on the under-market first generation leases and focusing on operating performance to capitalize on the dynamic Queen Creek/Gilbert, AZ multifamily rental market.
The Property is located within the Gilbert submarket, one of the highest growth and top performing multifamily submarkets in the Phoenix MSA. Numerous prominent companies have offices nearby including Deloitte, Dignity Health, and Go Daddy, as well as Phoenix-Mesa Gateway Airport and Arizona State University – Polytechnic Campus.
- ID: 3682
- Views: 900
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