The SkySong area has seen major redevelopment and another is scheduled to be coming on by the end of the year. SkySong apartments, near Scottsdale and McDowell roads, was the first to hit the market with 325 units. “In late October, Mark-Taylor will begin delivering 40 units per month over 11 months at its sprawling San Travesia apartment complex just east of SkySong. When completed, the gated community will have 572 units.” according to an articled published on August 25th in the Arizona Republic.
In the article South Scottsdale apartments attracting new residents there is also another development by Chason Development planned for a 154-unit Las Aguas apartment complex where Pitre Buick was formally. It is on the north side of McDowell and 68th St.
“These new residents will affect the overall demographics in the area, which will in time also affect the attraction of new retail and restaurant options in the area that employers in locations like SkySong are already clamoring for the 1,000 daytime employees on site,” said Danielle Casey, Scottsdale’s economic development director.”
“Chris Brozina, vice president of Mark-Taylor Development, said he expects San Travesia to bring a “nice mix” of young professionals, “atypical students,” empty-nesters and Baby Boomers in the corridor.”
The influx of rental units coming on the market in South Scottsdale will cause increased competition. It is important to utilize a knowledgeable Scottsdale Property Manager. The marketing of a rental unit will be very important. Scottsdale property manager Property Butler markets its rental units to over 200 sites on the internet. Property Butler market Scottsdale rental properties to Zillow, Realtor.com, Craigslist, and many more. Scottsdale property management companies do not market properties the same. Please be sure to research how they market their properties to ensure you are getting the best rental rate you can. At Property Butler we offer a free rental analysis and will provide you with comparable recently rented properties in your area to ensure you are getting a market rental rate.
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