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TEXAS/SOUTHWEST NEWS
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250-Unit Phoenix Apartment Property Trades

9/15/21

Sedona Ridge, a 250-unit, garden-style multi-housing community in Phoenix, traded hands. Located at 5010 East Cheyenne Dr., Sedona Ridge is in the Ahwatukee Foothills, which is the southernmost village in the city of Phoenix.

Sedona Ridge comprises one-, two- and three-bedroom units averaging 941 sf. Apartments feature spacious floor plans, a full-size washer and dryer and private balcony or patio. Select units also feature bay windows, nine-foot or vaulted ceilings and fireplaces. The community has two swimming pools and spas, a newly renovated fitness center, sand volleyball court, detached garages, dog park, package locker system, outdoor picnic area and a clubhouse.

Mike Higgins, John Cunningham and Charles Steele with JLL represented the property seller, Sares Regis Multifamily Funds. The price was not disclosed.





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