Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2019
Building Area Net
Land Area Net ()
Number of units 240
Occupancy 95.0 %
Call for Offers 2022-04-27

Property description

Jones Lang LaSalle has been exclusively retained to arrange the marketing and sale of Senita on Cave Creek. Recently completed in 2019, Senita on Cave Creek delivers a Class A luxury rental community with 240 apartment homes to an undersupplied submarket of the Phoenix Metro. Large, spacious floorplans feature modern interiors with black stainless steel appliances and are complemented by a wide range of amenities, including a resort-style pool with cabanas, a fully equipped 24- hour fitness center with Peloton cycle bikes and a contemporary clubhouse. Situated in North Phoenix, the Property enjoys scenic views of the Phoenix Sonoran Preserve and surrounding mountains while also providing direct access to the Metro’s major freeways and urban centers. Senita on Cave Creek is outperforming both the submarket and broader market as it delivers on a long-awaited modern option to the affluent demographic of the surrounding community.

Investment highlights

  • Low Density Garden Product In Growing Suburban Location
  • Strong Multifamily Dynamics With Favorable Supply/Demand Fundamentals
  • Elevated Home Prices Generate Continued Renter Demand
  • Excellent Ease Of Access To The Rest Of The Valley
  • Centrally Located With Convenient Access To Primary Phoenix Employment Hubs
  • Close Proximity To The Expected $35B Development By Taiwan Semiconductor Manufacturing
Last Updated Date: 29 Mar 2022

Please enter your corporate email account in the email field. We may not be able to reply to your personal email account or free email address such as Gmail or Yahoo Mail.

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry, providing information such as our services and events.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 29 Mar 2022

Do you have any questions?  Visit our FAQ page

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.