Investment Highlights
- Well-located multifamily asset underpinned by recent common area enhancements, and further bolstered by a proven interior renovation program.
- Community has successfully proven out an interior renovation program among 56% of the units, presenting new ownership with the remaining 44% of classic units to derive additional rental upside.
- Sky Island's uniqueness within the Sierra Vista market stands out, as the property derives short-term corporate rental income premiums from temporarily stationed service members and traveling nurses.
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