Last week we announced our latest deal, South Bank Apartments, an off-market, 88-unit community in a central location in booming Tempe, AZ.

Here's why we love this deal:

📈 Phoenix Rent Price Growth
According to a June 2021 Yardi Matrix report, the rent prices growth in Phoenix, which is just 10–15 minutes away from the Subject, are leading the nation, almost TRIPLING the national average.

🏙️ Tempe Population Growth
According to World Population Review, Tempe's population has been exploding over the past decade (26.1%+), making it a very attractive, and cost-effective lifestyle alternative compared to the popular surrounding metros.

💻 Growing Tech Industry in Tempe
According to Tempe.gov, Tempe is a hotbed for technology — ~20% of jobs are tech-related and about 20% of the companies are in tech — Honeywell, Microsoft, Amazon, and Carvana, to name a few.

For these reasons and more are why we LOVE this South Bank Apartments deal.

Please keep in mind, this deal is only available to accredited investors. If you are interested in investing, please email dflores@primecapi.com to get started.

Don't hesitate to reach out to us at any time with any questions!