TWITTER            LINKEDIN Chicago Office: 120 E. Liberty Dr. Wheaton, IL 60187
Austin Office: 500 W 5th St. Austin, TX 78701

275

Units

929 sq. ft.

Avg. Unit Size

Minority

FCA’s Investment

83rd & Olive

83rd Ave & Olive Ave, Peoria, AZ

Property Type: Multifamily

In November 2018, First Capital Advisors became a minority investor for 83rd & Olive, a luxury apartment development in Peoria, AZ. The project is being spearheaded by Evergreen Devco, Inc.

Due to its desirable location near the Loop 101 freeway, it is in a highly marketable area with convenient access to a plethora of employers. It is expected that demand for housing will increase as a result of employment growth, which is currently taking place in the area. The new, 275 unit complex will include a clubhouse, fitness center, resort-style swimming pool, dog park, and other outdoor spaces.