19 Apartments, aka Camelback At The Stop, is a 236-unit apartment community located within the phoenix transit-oriented development area and directly across the street from a park-and-ride lot for the Valley Metro Light Rail System. Situated on approximately 9.367 acres, the complex is on 19th Avenue just south of Camelback Road in the city of Phoenix. The property was built in 1973 and was renovated in 2017.
Affordable quality and convenient location, your new apartment home has spacious floor plans that fit your needs, 24 hour maintenance, and a friendly staff that’s here to help. If you are looking for convenience, easy accessibility and affordable living then look no further.
Upgraded Living at its Best! We have easy access to freeways, the Light rail, and multiple bus stations and we are close to all the great restaurants and shopping on the light rail corridor.
BUY – Purchased for $5,100,000 on 3/10/2011.
FIX – Renovated the central Phoenix neighborhood community with high-end contemporary finishes inside and out. Increased average rents substantially. Held for long-term investment.
SELL – Sold for $27,000,000 on 7/24/2020.
VESTIS GROUP | PHOENIX ARIZONA MULTIFAMILY REAL ESTATE INVESTMENTS
Vestis Group | Vestis Capital LLC is a real estate firm focused on Multi Family Residential Investment. We invest our clients’ capital together with our own to take advantage of opportunities with attractive risk-return attributes and an expectation of above-market returns. These goals are achieved through stringent underwriting practices and proactive property and asset management.
Through our extensive knowledge of the Phoenix multi-family residential real estate market, we can identify early trends, which provide insight into our pursuit of investment opportunities. Vestis Group’s principals have a thorough knowledge of the housing industry.
We have developed, built, rehabilitated, constructed, improved, managed and sold thousands of apartments, condos, homes, and home sites. Vestis Group principals and affiliates also have extensive experience constructing, improving, renovating, owning and operating residential and commercial properties. Our expertise in management, finance and construction is the backbone supporting every investment opportunity we identify.
For more information, please contact Vestis Group at 602-281-6202 or Email Us.