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The 337,892-square-foot property consists of 16 three-story buildings. Waypoint Residential recently upgraded all unit interiors, which resulted in a notable rent increase and therefore now presents a strong value-add opportunity for the new ownership, according to Cushman & Wakefield.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 10, 2025
Southern states are driving the boom with the most units completed in 2024.
July 10, 2025
Also, three of the top five markets are in Arizona.
July 10, 2025
Meanwhile, national occupancy is up year-over-year.
