The company has managed nearly 25,000 apartment units over the last seven years. S2 Capital has purchased and renovated more than 25,000 multifamily units across Arizona, Texas and Florida, creating a portfolio worth $3 billion. “Phoenix is one of the strongest growth markets in the country and the supply and demand dynamics in Mesa are very attractive.” “FIVE46 is our second acquisition in Mesa this year and we are looking to expand our Arizona portfolio with similar value-add communities,” said S2 Capital founder and CEO Scott Everett. “Workforce housing is always in strong demand and the pipeline of future multifamily projects in Mesa is limited.”Īccording to CBRE Research, the multifamily occupancy rate in the northwest Mesa submarket reached 97 percent in Q3 2019, an increase of 276 basis points since Q3 2017, and there are no new communities planned or under construction within three miles of FIVE46. About This Home PRICED TO SELL Rare new construction 4 bedroom 3 bath home with separate mother in law suite that includes 1 bedroom & 1 bath. “Multifamily fundamentals in Mesa provide a very compelling investment argument,” said Pesch. Off Market This home last sold for 785,000 on Mar 31, 2020. Country Club Road in the Mesa submarket of Phoenix, FIVE46 features two swimming pools, resident clubhouse, 24-hour fitness center, lighted dog park, soccer field, shaded children’s playground, and picnic areas with barbecue grills. USA People Search aims at providing important information, like tenant names and phone numbers for addresses like 546 s country club dr apt 2112, mesa, AZ. View details, map and photos of this single family property with 3 bedrooms and 0 total baths. Looking for details about 546 s country club dr apt 2112, mesa, AZIf so, you’ve come to the right place. Sold - 546 S Country Club Dr, Atlantis, FL - 725,000. Rocco Mandala of CBRE Debt & Structured Finance arranged financing for S2 Capital. 546 s country club dr apt 2112, mesa, AZ. to S2 Capital for $46 million.ĬBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties represented the sellers, Security Properties and Oaktree Capital Management. CBRE has arranged the sale of the 320-unit multifamily community FIVE46 on behalf of a joint venture between Security Properties and funds managed by Oaktree Capital Management, L.P.
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