Rockefeller Group has acquired two sites for the development of 152 build-to-rent townhomes in Phoenix’s South Mountain corridor. Groundbreaking on both sites is expected this summer with first occupancies projected for first quarter 2025. The 9.2 acre site located at 8181 S 20th St was purchased from The Bruckal Group for $4.9 million, while the 7.34 acre site located at 825 E Euclid Ave was sold to Rockefeller Group off market by Proximity Rental Homes for $3.8 million and will feature 27 garages available to residents upon completion of construction . Both locations are approximately 1 mile apart and are close proximity to Arizona State University as well as I-10 access points, providing easy access throughout the surrounding communities .
The townhomes will range from 1,100 square feet up to 1,500 square feet with two or three bedrooms each , along with a pool , hot tub , dog park and other open space amenities included in their design . With these features combined into one community setting it promises an enjoyable living experience that is sure not be missed out on by potential renters looking within this area of Phoenix when searching out their next home destination .
