The Grove on Palm Lane: Phoenix, AZ
Project Overview
This residential community features a thoughtfully designed collection of 42 two-story single-family homes, blending modern architecture with functional layouts.
- Community Composition:
- 18 semi-detached buildings (total of 36 homes).
- 6 fully detached homes, providing additional privacy and larger lot sizes.
- Unit Mix:
- 36 larger residences of approximately 1,700 sq. ft., each with a two-car garage, ideal for families needing extra space.
- 6 residences of approximately 1,520 sq. ft., designed with efficiency in mind and featuring a single-car garage.
- Project Timeline:
- Construction Commenced: 2017
- Completion, Leasing, and Sell-Out: Achieved by December 2018, marking a highly successful delivery within planned schedules.
Key Highlights
- Family-friendly layouts designed for functionality and comfort.
- Attractive mix of detached and semi-detached residences appealing to a range of buyers.
- Rapid market absorption with full leasing and sales completed immediately upon project completion.
- Strong investment performance, reflecting both location demand and product-market fit.