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Cushman & Wakefield is pleased to present a unique opportunity to purchase a ±3.24 acre multifamily development site located at the southwest corner of Rio Salado Parkway and Perry Lane in Tempe, across from Tempe Marketplace, a 1.3M square foot open-air shopping center with over 100 shops, restaurants and entertainment venues to choose from, including Barnes & Noble, Dave & Busters, Harkins Theatres, DSW, Michaels, PetSmart, RoadRunner Sports, Total Wine and Target, plus dining options such as Barrio Queen, King’s Fish House, Lucille’s Bar-B-Que, Portillo’s Red Robin, Genghis Grill, California Pizza Kitchen, Thirsty Lion and Twin Peaks. The Rio & Perry site is well positioned to take advantage of easy access to the nearby 101 and 202 freeways.
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Rio & Perry Multifamily Development Site
3.24 Acres
Rio Salado Parkway & Perry Lane
Tempe, AZ  85281
Type: Land
Posted: 9/13/2021
University Villa at Ironwood is a 140-unit/484-bed, purpose built student apartment community located at the northwest corner of Ironwood Hill Drive and Greasewood Road in Tucson, Arizona, approximately 4 miles west of the University of Arizona. This outstanding location is within walking distance of a grocery store, with nearby access to the I-10 and I-19 freeways, shopping, restaurants, banks and parks. New ownership has the strategic opportunity to implement a renovation program to enhance the property’s overall market position within the Tucson student housing submarket. University Villa at Ironwood has tremendous potential to unlock value by upgrading the unit interiors.
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Under Contract
University Villa at Ironwood
140 Units | 484 Beds
2550 West Ironwood Hill Drive
Tucson, AZ  85745
Type: Student
Posted: 7/6/2021

Centerra is a 202-unit, garden-style apartment community located near Frank Lloyd Wright Boulevard and Shea Boulevard in Scottsdale, Arizona. This location offers residents easy access to employment, high-end shopping, outstanding dining experiences, nightlife and recreation in Scottsdale. The property has been renovated, with all 202 units upgraded.

An Albertsons grocery store is immediately north of the property and a Safeway grocery story is to the west, both within walking distance. Cholla Park and Ancala Country Club are minutes away, as well as dining options such as The Americano, Rosati’s Pizza, Cold Beers & Cheeseburgers, Vito’s Italian Ristorante, First Watch and Blue Adobe Santa Fe Grill. Scottsdale Fashion Square, Kierland Commons, Scottsdale Quarter, Paradise Valley Mall and High Street are all within a short drive of Centerra.

Centerra offers residents two resort-style pools and spas, fire pit with surround seating, barbecue/picnic area, newly designed fitness center with free weights, off-leash dog park and covered parking.

Interior amenities include washers/dryers, Whirlpool stainless steel appliances, microwaves, granite countertops in kitchens, new cabinets in kitchens and baths, walk-in closets, wood-style flooring, window coverings, extra storage, carpeting, and private patios/balconies. Ceiling fans and wood burning fireplaces are offered in select units.

All 202 of the unit interiors have been recently upgraded and a significant portion of the exterior and common areas have been upgraded. Please see pages 10-11 for a list of the recently completed upgrades and enhancements.

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Under Contract
Centerra
202 Units
11100 N. 115th Street
Scottsdale, AZ  85259
Type: Conventional
Posted: 3/9/2021