Large-scale apartments will be built in Superstition Spring in southeastern Mesa.

Large-scale apartments will be built in Superstition Spring in southeastern Mesa. A developer from San Diego invests 66 million...

Large-scale apartments will be built in Superstition Spring in southeastern Mesa. A developer from San Diego invests 66 million to build apartments in Superstition Springs in southeastern Mesa. This is the largest project in the greater Phoenix area this year. Superstition Springs is located at 1849 S. Power Road and will have 676 apartments, making it the largest community in the area. Phoenix apartment rents are rising and vacancy rates are low. The average vacancy rate in June this year was only 6.9%. More and more people are choosing to rent in prime locations where they cannot afford to buy. The average rent for an apartment in Phoenix is ​​$820 per month. Apartment sales have increased throughout New Phoenix, particularly in neighborhoods close to shopping centers and jobs, over the past six months. The average selling price of each apartment is US$52,000, and there are approximately more than 7,000 apartments under construction. Another 5,000 units are under application for construction. For more real estate information, please contact Ti nna 480-287-0180 E-mail: goldtrustrealty2010@gmail.com