Imagine Phoenix is a 47,186-SF facility located on 4.9 acres in Phoenix, AZ, with a capacity of over 1,200 students. Phoenix is the sixth most populous city in the nation, and the school is located within walking distance of several luxury apartment complexes.
Investment Strategy: The property was acquired as part of a portfolio transaction, all of which are operated by the same qualified tenant. It offers stabilized cash flow and geographic diversification for the fund.
Acquisition Date: February 2018.
Disposition: The investment’s life cycle has not yet been completed.