Apartment Look

CHANDLER, AZ - Security Properties purchased Arches at Hidden Creek, a 432- unit multifamily property located in Chandler, AZ for $55 million.  Security Properties now own five assets in the Phoenix marketplace.Arches at Hidden Creek is located within the dynamic Chandler submarket .  Chandler's median annual household income is approximately $71,000, 32% higher than Maricopa County, which covers most of the Phoenix MSA.  Chandler's greatest strength is its employment base.  Arches sits within five miles of 70,000 jobs in industries that include high-tech manufacturing, aerospace, bioscience, and advanced business services .  Because of the city's central location and proximity to three freeways, it can pull from more than 1.7 million people within a 30-minute commute. The Price Road Corridor is the area's largest and most established employment center . Silicon Desert, as it is known, is located just one mile southwest of Arches. The property is also within clo...

As we put the finishing touches on the plans for our home, our dreams of dinner parties in the finished open kitchen , of repurposed original sconces and refurbished original details , gave way to a less sexy obsession. The mop, the vacuum, our winter coats, the laundry. Specifically: Where would they all go and how could we banish them from sight? In the New York prewar apartments we’d lived in for years, closets were strictly optional and washer-dryers were nonexistent. What made glossy interior photos appealing , I came to realize, was what you didn’t see, because it was tucked into a hidden closet or built-in cabinet. Renovating our house gave us a shot at discreet convenience. Entering the first-floor apartment, pre-renovation, meant coming face -to-face with a faux-wood- grained cabinet door —in actuality, a false front. It was an arguably clever way to bump out the bathroom on the other side to make room for a turquoise jacuzzi-shaped tub. Otto’s initial plan for the enlarged ...