Weidner Properties Buys More Than 5,000 Stressed Apartments in AZ

apts arizona: jelly  beansAs a follow up to my recent article on apartments in AZ I found this and wanted to link to it.

Weidner Investment Services had a goal of owning 5,000 apartments in AZ this year. With a recent purchase of 187 stressed apartments in Az they surpassed that goal.

The purchase price for the most recent purchase was $4.3 million.

Weidner Investments has become one of the biggest owner of apartments in AZ in judt 7 months according to the folks at http://www.azcentral.com/business/realestate/articles/2011/07/08/20110708arizona-apartments-properties-weidner-portfolio.html.

The company is based in Colorado Springs, Colorado.

How about you? Any luck finding apartments in AZ? Comment below.

*** If you’d like some help finding an apartment in Arizona, I’ve got a whole staff of people standing by to help you for free. Call one of our apartment experts at 877-676-1301.

Or, click here: http://www.aptsarizona.com/discover-arizona-apartments

[Image credit: vivacious_g]

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