Town Center Apartments
Town Center apartments was bought in January 2017 and is a 176-unit apartment community in Queen Creek, Arizona, that was built in 2009.
The property has been sold on October 2019 and was a well-located multifamily asset with significant value-add upside in one of the most desirable multifamily investment markets in the Western United States.
Town Center is situated near highly desirable retail venues in Queen Creek, one of the fastest-growing cities in the Western United States over the last two decades. The property is located a short driving distance from the 202 Loop Freeway, connecting the community to the region’s extensive freeway system providing access to the greater Phoenix areas including Chandler, Gilbert, Mesa, and Tempe. Town Center is also approximately 45 minutes from Phoenix Sky Harbor International Airport.
Town Center community features spacious one, two and three-bedroom apartment homes. Residents enjoy the property’s many common area amenities, including a swimming pool, a community clubhouse and covered parking.