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Project Details
- Location: 19th Ave & Roeser, Phoenix
- Size: 144-units
- Year Built: 2004
- Company: Visiquest Properties and Niche Residential
Unique Attributes
Attainable market rent garden style community with predominately 2 ad 3 bedrooms. Purpose built for Hispanic renter profile. Unique floor plans including a 2 bed/2 bath bunk room plan and a 2 bed/1.5 bath plan. Also featured a large outdoor ramada party patio area, dog park and computer lab for children. Bilingual web site, leasing brochure, collateral materials, and leases.
There had not been a new apartment community built in south Phoenix for 15 years before Visiquest saw the need and created Colonia del Sol. The property was financed with an assumable HUD 221(d)4 loan and sold approximately two years following completion.