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September 16, 2019
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MULTIFAMILY NEWS
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Rosewood Property Company Entity Buys 283-Unit AZ Res Property

7/24/19

Jefferson Chandler, a 283-unit Class A apartment community in the Phoenix metro area, was purchased by RPC Chandler Apartments LLC, an entity formed by Dallas-based Rosewood Property Company. The property, located at 3950 W. Chandler Blvd in Chandler, was sold by JPI, out of Irving, TX.

Jefferson Chandler is a brand new, garden-style community featuring a mix of studio, one-, two and three-bedroom floor plans at an average size of 924 sf. Unit interiors offer nine-foot ceilings, wood-inspired plank flooring, quartz countertops, stainless steel appliances, washer/dryer, undermount kitchen sinks, pre-wired for technology, private patio/balcony and exterior storage spaces.

The community features a clubhouse, resort-style swimming pool, poolside cabana area, outdoor grilling stations with lounge seating, putting green, high-tech fitness facility, yoga studio, latte lounge, social business hub, game room with billiards, off-leash pet park, pet wash area and covered parking. Jefferson Chandler is also located near Chandler Fashion Center and nearby top-rated schools, medical centers, restaurants, shopping, entertainment and recreation.

This is the buyer’s first purchase in Metro Phoenix. David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented the seller in the deal.





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