The Madera Peak Vista Apartments present an opportunity to acquire a 60-unit, 9% LIHTC senior housing property in Globe, Arizona. Originally placed in service in 2010, the property includes 59 low-income units and is designated for residents age 55 and older. Madera Peak Vista offers one- and two-bedroom apartments with energy-efficient appliances, private patios, washer and dryer hookups, and additional storage. Community amenities include a swimming pool, fitness center, computer room, community room with kitchen, laundry facilities, BBQ/picnic area, and raised garden beds.

Located in the Pinal Mountains of Globe, Madera Peak Vista provides affordable senior housing in a scenic, established community. Globe offers residents access to local retail, services, healthcare, and outdoor recreation, while the property’s income-restricted rents serve an important segment of the local senior population. With a substantial majority of units subject to LIHTC affordability requirements and a purpose-built senior housing design, Madera Peak Vista provides an opportunity to acquire an established affordable housing asset with long-term affordability and operational characteristics suited to the senior rental market.