Dallas Investor Purchases Chandler Apartments in First Valley Deal

July 22, 2019 – On behalf of JPI of Irving, Texas, Cushman & Wakefield completed the sale of Jefferson Chandler, a 283-unit Class A apartment community. RPC Chandler Apartments,...
Jefferson Chandler

July 22, 2019 – On behalf of JPI of Irving, Texas, Cushman & Wakefield completed the sale of Jefferson Chandler, a 283-unit Class A apartment community. RPC Chandler Apartments, LLC, an entity formed by Dallas-based Rosewood Property Company, purchased the property located at 3950 W. Chandler Boulevard in Chandler, Ariz. This is the buyer’s first purchase in Metro Phoenix.

Executive Managing Directors David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented the seller. Fogler stated, “Jefferson Chandler is a high-quality garden style apartment community located in the desirable Chandler submarket. Chandler is well known for its high level of job growth and quality schools.”

Jefferson Chandler is a brand new, garden-style community featuring a mix of studio, one-, two and three-bedroom floor plans at an average size of 924 square feet. Unit interiors offer 9-foot ceilings, wood-inspired plank flooring, quartz countertops, stainless steel appliances, washer/dryer, undermount kitchen sinks, pre-wired for technology, private patio/balcony and exterior storage spaces.

The community features a clubhouse, resort-style swimming pool, poolside cabana area, outdoor grilling stations with lounge seating, putting green, high-tech fitness facility, yoga studio, latte lounge, social business hub, game room with billiards, off-leash pet park, pet wash area and covered parking. Jefferson Chandler is also located near Chandler Fashion Center and nearby top-rated schools, medical centers, restaurants, shopping, entertainment and recreation.

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AcquisitionCommercialDallasDealsMultiFamilyNationalSouth

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