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.” The Rent Zestimate for this Apartment is 1,599/mo, which has increased by 1,599/mo in the last 30 days. “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. 546 S Country Club Dr 2056, Mesa AZ, is a Apartment home that contains 949 sq ft.It contains 2 bedrooms and 2 bathrooms. “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. There are 19 companies that have an address matching 546 S. “Multifamily fundamentals in Mesa provide a very compelling investment argument,” said Pesch. 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. in Mesa, AZ in AZ (14) in the US (723) See more results for Richardson. Rocco Mandala of CBRE Debt & Structured Finance arranged financing for S2 Capital. 546 S Country Club Dr, Apt 2051, Mesa, AZ, 85210-2395. in Mesa, AZ in AZ (9) in the US (309) See more results for Alvarez. 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. 546 S Country Club Dr, Apt 2063, Mesa, AZ, 85210-2391. 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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