Phoenix Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in Phoenix, Arizona
Phoenix: In the Spotlight
Phoenix, Arizona is located 113 miles from the city of Tucson and is part of the Phoenix-Mesa-Scottsdale Metropolitan Statistical Area (MSA). The population of Phoenix is just over 1.7 million, making it the most populous city in the state. It also covers around 517 square miles of land. Phoenix is visited by over 16 million people each year, and hosts over 200 public golf courses in the greater Phoenix area.
- The unemployment rate is slightly higher than usual, around 5.1%.
- The median household income is $57,459.
- The median age in Phoenix is 33 years old
- Phoenix employs over 845,000 residents
- Phoenix has a low vacancy of around 4.9% across all rental properties
- There has been a marginal rent increase, to $1,188 per month
- The homeownership rate is roughly 54%, which leaves around 46% of residents looking for rental properties.
- Conventional apartment loans
- Fannie Mae apartment financing
- Freddie Mac apartment financing
- FHA/HUD financing
- Mezzanine financing
- CMBS loans
- Bridge loans
- Apartment construction loans
- And more!
Phoenix Apartment Loan and Multifamily Property Facts
Phoenix is part of the Arizona market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in Phoenix, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
Phoenix Apartment Loan and Lending Options
In Phoenix, Arizona there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your Phoenix Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of Phoenix, AZ. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in Phoenix is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our Phoenix Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.