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 https://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.
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