Ascent ON Spence

Details

Ascent on Spence is a 112-unit, Class B multifamily community strategically located in North Tempe, Arizona. The property was recently acquired by Rincon Partners as part of Rincon Multifamily Fund II to capitalize on value-add opportunities through operational improvements and community enhancements.The property is situated ¾ mile from Arizona State University (~56,600 students) and is within proximity to thousands of jobs in Tempe’s employment corridor, which includes major employers such as State Farm, Microsoft, Amazon, Becton Dickinson, Deloitte, KPMG, Salt River Project, Carvana, ADP, Infosys, and Norton LifeLock.