The Praedium Group Grows Phoenix Foothold
The New York-based investor has acquired the Town Commons apartment community in Gilbert, Arizona.
The 306-unit apartment building is made up of 24 buildings with two 2-story townhouse buildings, ten 2-story carriage homes, and twelve 3-story garden style buildings. Ranging from 776 to 2,197 square feet.
The property is centrally located, and it features a quality amenity package.