- HIGH-QUALITY ASSET – IRREPLACEABLE BUILDING & IRREPLACEABLE LOCATION
- EXCEPTIONAL LEASE UP SPEAKS TO THE ASSET’S DESIRABILITY AND QUALITY
- STRONG SURROUNDING DEMOGRAPHIC PROFILE
- STRATEGIC LOCATION NEAR EMPLOYMENT, RETAILERS, AND HIGHWAY CONNECTIVITY
- OFFERED FREE AND CLEAR OF ANY EXISTING DEBT
- UNIQUE PRE-SET TAX ABATEMENT BENEFITS
BEST-IN-CLASS ASSET – IRREPLACEABLE BUILDING
& IRREPLACEABLE LOCATION
Exceptionally high-quality construction is evidenced throughout Summit at West Pryor. The community offers a robust top-of-market resort-like amenity package and luxurious finishes throughout the unit interiors. The extremely high-end finish levels throughout the property, coupled with the underground and secured parking garage, can only be found at Summit at West Pryor. Additionally, the property offers 21,830 RSF of 100% leased and tenant complementary retail space on long-term leases with credit tenants and periodic rental increases.
EXCEPTIONAL LEASE-UP SPEAKS TO THE ASSET DESIRABILITY AND QUALITY
Summit at West Pryor delivered in June of 2021 and is experiencing a phenomenal lease-up with an average of ~25 new leases per month! The strong lease-up is proof that there is high demand for sophisticated suburban rental communities with best-in-class location and amenity packages to go along with high-end luxury unit finishes.
STRONG SURROUNDING DEMOGRAPHIC PROFILE
The demographic area around Summit at West Pryor reflects an affluent, highly educated population that continues to drive strong overall apartment fundamentals.
- Average household income: $95,518+ (3 mile)
- Median home value: $258,252 (1 mile)
- Some College or more education: 74% (3 mile)
With these exceptional demographics, companies are attracted to the high quality of life and the highly educated labor force the area offers, which will continue to provide a steady stream of qualified residents to the asset
