Developed by Trammel Crowe Residential in 1996, Pinnacle at Union Hills is a 264 unit, institutional quality asset, with an average unit size of 1,019 square feet.
Pinnacle at Union Hills is located in a strong North Phoenix location that borders the future Arizona Biomedical Corridor and the prestigious North Scottsdale submarket. Approximately 77% of the units have been upgraded with an interior renovation package that includes stainless steel appliances, Corian countertops and wood-plank vinyl flooring. Pinnacle features two resort-style swimming pools, a 24-hour fitness centre, stand-alone leasing office and Wi-Fi café.
- Purchase Price (US): $47,500,000
- Mortgage (US): $23,750,000
- Interest Rate (fixed): 3.32%
- Debt Maturity: 2024
- Rentable Area (sq ft): 269,128
- Site Area (acres): 14.1
- Number of Units: 264