Parkview Townhomes

TBBG Investments acquired Parkview Townhomes, a 27-unit townhome community located in Surprise, Arizona.

The acquisition presented an opportunity to acquire a well-located asset in a rapidly growing submarket with strong demographic and employment growth.

The property is ideally situated near the Texas Rangers and Kansas City Royals Spring Training complex and Downtown Surprise, providing access to key lifestyle and employment drivers.

The business plan focuses on operational execution and leasing to capture continued demand in the expanding Northwest Valley.

Parkview is positioned to benefit from sustained population growth and limited comparable product in the submarket.

Highlights

• Located in high-growth Northwest Valley submarket

• Proximity to major employment and lifestyle drivers

• Strong leasing demand in expanding market

• Well-positioned for continued rent growth