MontreuxThe Statesman Group has chosen Wooden Residential Companies to handle Montreux, a just lately accomplished, 335-unit neighborhood in Phoenix. The asset joins a portfolio dealt with by Wendi Cooley, regional vp at WRS.
Montreaux contains one-, two- and three-bedroom flats, with smart-home options and washer/dryer items. Frequent-area facilities embody two swimming swimming pools, tennis court docket, clubhouse, enterprise and health facilities, in addition to underground parking and an on-site golf simulator. In accordance with Yardi Matrix, the property has 542 parking areas.
Situated at 5550 E. Deer Valley Drive, on roughly 9 acres, the three-building asset is simply off State Route 101 and a pair of miles from State Route 51. The neighborhood is 2 miles from Mayo Clinic Hospital and a 90-acre American Specific campus. The encircling space has a number of retail and eating choices, together with Desert Ridge Market, which is inside 1 mile of Montreux. Downtown Phoenix is 20 miles from the neighborhood.
Additionally within the metropolis, Pennybacker Capital just lately acquired The Osborn in Phoenix, a 302-unit property, for $42 million.