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Under Contract: South Bank Apartments in Tempe, AZ


Prime Capital Investments is excited to announce an upcoming investment opportunity in the heart of Tempe, Arizona.

We sourced South Bank Apartments off-market from a family who has had a long-term hold on this 88-unit multifamily apartment community. 

It is phenomenally located 0.85 miles East from Amazon's new tech hub with high paying jobs (not warehouse), minutes from Arizona State University, with the Tempe Town Lake located 0.35 miles North.

South Bank Apartments were constructed in 1983, have a superior unit mix of 1x1s and 2x1s, and are located on 4.13 acres of park-like grounds. There is a community pool, and each unit features a patio or a backyard.

Are you as excited as we are about investing in the Phoenix MSA, the nation’s leading rent growth market?

Target Returns:

  • 19.02% IRR
  • 9.39% Cash-on-Cash
  • 2.21 Equity Multiple

Target hold is between 5–7 years.

Stay tuned for our official announcement, when we’ll be officially opening the opportunity up to collect investment commitments.

This investment is for accredited investors only.

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