Family Office Briefing on research byTranswestern·Jul 21, 2023
Phoenix Multifamily Research Report - Q2 2023
Phoenix multifamily vacancy rate rises to 9.3% in Q2 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Overall Vacancy Rate | 9.3% |
| Net Absorption (Units) | 2,858Units |
| Units Under Construction | 37,532Units |
| Asking Rent, NNN (PSF) | 1548$/PSF |
| Sales Volume (Millions) | 680Millions |
Metrics extracted from the source report and independently fact-checked. Method →
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