As 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]
