Lexington on Central
FundCypress Realty VI
Acquisition of a 131-unit Class B multi-family asset along Central Avenue north of downtown Phoenix. Built in 2000, the property was poised for a light value-add strategy including new countertops, stainless fixtures, vinyl flooring and modern blinds. Post-acquisition, the City completed construction on a new light rail stop across from the property, allowing for quick and convenient access to downtown Phoenix and beyond.