The Business of PMG
Phoenix Multifamily Group, LLC acquires, renovates, stabilizes, operates, and ultimately resells multifamily properties in select US markets.
We look for properties that are twenty to fifty years old, in need of moderate to substantial renovation, and possessing the potential for a significant increase in rents and occupancy when they are brought to a performance level similar to other comparable multifamily properties in their respective submarkets.
Properties of interest to PMG are class C and B properties of three distinct size ranges:
- Plex Properties: Small multifamily properties from 2 to 10 units.
- Mid-Sized Apartments: Multifamily properties from 11 to 99 units
- Multifamily Communities: Large multifamily properties from 100 units to 1,000 units or more.