Tag: Arizona

Browsing Tag:Arizona

29th Street Capital Expands Phoenix Area Portfolio; Acquires Argenta Apartments

Mesa, Arizona (Nov. 15, 2018) – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Argenta Apartments, a 396-unit multifamily community located in Mesa, Arizona. 29SC plans to invest over $3.2 million in capital improvements. Interiors will receive updated flooring, new black appliances and upgraded fixtures as well as plumbing and lighting packages. Cabinets will also be re-faced. Exterior improvements will focus on landscaping, A/C units and roof repairs. The new owner will add a dog park and…

29th Street Capital Acquires 10th Phoenix-Area Multifamily Property

Tempe, Ariz. (Nov. 28, 2017) – 29th Street Capital (29SC), a privately-held real estate investment and advisory firm, has acquired Mission Springs Apartments. The multifamily property is 29SC’s 10th in the greater Phoenix area, where it now owns more than 1,000 units. The 306-unit multifamily community, located in the South Tempe submarket, features studios, one- and two-bedroom units. 29SC has allocated approximately $2.2 million for capital improvements including a new dog park. Interior upgrades will include modern energy-saving appliances, updated…