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WICKERTREE APARTMENTS

LOCATION: Phoenix, Arizona
TYPE: Residential Acquisition
SIZE: 226 Units
PARTNER: MC Companies

 

Wickertree Apartments is a 226 unit apartment located in Phoenix, Arizona. Built in 1983, the property features a large array of amenities including a swimming pool, spa, recently renovated clubhouse, fitness center, barbeque areas, lush landscaping, and stackable washers and dryers. In addition, Wickertree Apartments is located next to two of the largest transportation corridors in Phoenix, the Loop 101 and the I-17, making it easily accessible to employment and amenities throughout Phoenix.

Phoenix is currently home to 4.2 million people and is expected to exceed 10.7 million people by 2030. In addition, Phoenix is the fastest growing metropolitan area in the US with companies such as AT&T, Bank of America, Boeing, American Express, Wal-Mart, Google, and a number of other Fortune 500 companies.

The Wickertree Apartments business plan involves buying and holding the property as a long-term investment, providing regular cash flow distributions to investors and equity appreciation which will be returned through a re-finance or sale of the property.

Our strategic partner in this investment is MC Companies. Founded by Ken McElroy and Ross McCallister since 1985, MC Companies has developed and acquired over $350 million in multifamily properties, totalling over 4,000 units. The company has two offices and over 160 employees. Ken and Ross have over 50 years of combined multi-family real estate experience, are real estate advisors to Robert Kiyosaki and the Rich Dad organization, and have written best selling real estate guides. They are thought to be among the best property managers in the United States. For more information on MC Companies, please visit www.mccompanies.com.

20003 N. 23rd Ave|Phoenix, AZ 85027