MC Companies Breaks Ground on 224 New Apartment Homes in Peoria AZ

SCOTTSDALE, Ariz., Nov. 17, 2014 /PRNewswire/ -- The Place at Santana Village will consist of 224 units totaling approximately 218,496 rentable square feet in 16 two-story apartment buildings, plus an additional building with a leasing office and a fitness center. Located just off 77th Avenue in Peoria, AZ, the property is situated on 15.166 acres

The property will offer four distinct floor plans consisting of one bedroom/one bathroom, two-bedroom/one bathroom and three bedroom/two bathroom units. The floor plans range in size from 782 square feet to 1,165 square feet with an average size of 975 square feet. Special design features include island kitchen, upgraded appliance package, quality interior products along with walk-in closet. The building has an efficiency rating of a 91.2%.

"In keeping with our value add investment philosophy, The Place at Santana Village will provide its residents with an affordable option with comparable floor plans and amenities to that of other communities charging much higher rents, providing the kind of quality investment our partners expect from MC." says Tanner Bickelhaupt, Director of Investor Capital for MC Companies.

Peoria, AZ is just minutes away from the 60 and the 101 freeways. MC chose Peoria because the quality of life is one of the highest in Arizona, ranking the city among the Top 100 Places to Live according to Money Magazine. From the exceptional school district to the numerous recreational opportunities, the residents of Santana Village will enjoy all Peoria has to offer in the only new apartment community planned in the area.

MC Companies Experienced Development Team has developed and operated over 20,000 units in Arizona over the last 30 years, and every investment has been successful regardless of market cycles. The MC team has been working on the development of this project over the last two years.

About MC Companies:

MC Companies http://www.mccompanies.com is a real estate investment, development, construction, and management company specializing in the multifamily properties and commercial markets. MC Companies has completed over $300 million in multi-family and commercial value-added transactions since 1985.

PRLog ID: www.prlog.org/12396068

SOURCE MC Companies