Topaz Pointe Affordable Multifamily Housing Leasing Summer 2010 in Phoenix

Topaz Pointe Apartment Homes is another find addition to the growing portfolio of affordable multifamily housing in Phoenix for The NRP Group LLC. Topaz Pointe will provide 68 two and three-bedroom units located at 2130 Broadway Road, Phoenix, AZ and leasing is expected to begin mid-summer 2010.

Phoenix, AZ (Vocus) April 29, 2010

Topaz Pointe Apartment Homes is another find addition to the growing portfolio of affordable multifamily housing in Phoenix for The NRP Group LLC. Topaz Pointe will provide 68 two and three-bedroom units located at 2130 Broadway Road, Phoenix, AZ and leasing is expected to begin mid-summer 2010.

“These functional and spacious apartment homes are destined to be the neighborhood of choice for many Phoenix residents who are seeking affordable housing. Our goal is to create a sense of community that will develop positive neighborly spirit through an awareness of common needs, and enhance individual support systems and increase awareness of local programs and services,” said Jeff Condit, Regional Vice President, The NRP Group LLC. “This gated community is designed to provide maximum comfort and superb amenities for working families.”

Topaz Pointe residents will enjoy the following amenities:

•     Clubhouse with Community Room
•     Swimming Pool
•     Fitness Center
•     Resident Computer Center with Internet Access
•     Full Perimeter Fencing and Controlled Access Gate
•     Playground
•     Planned Activities and Social Services
•     Private Patio or Balcony
•     Cable TV and High-Speed Internet Ready
•     Fully Equipped Kitchen with Dishwasher, Range, Disposal, and Refrigerator with Ice Maker

The property is located approximately 5 miles south of downtown Phoenix with easy access to Interstates 10 and 17. Retail, grocery, medical and all assigned schools are within close proximity to Topaz Pointe.

For more information, visit http://www.TopazPointe.com , or contact Mishelle Caruso, Regional Property Manager at 602-412-5728.

The NRP Group LLC: Developer, Builder and Management Company:
The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every project The NRP Group takes on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008 and 2009 by Affordable Housing Finance.

Since it’s founding in September 1995 by Alan F. Scott, T. Richard Bailey and J. David Heller, the company has experienced continual growth in the fields of single-family, multi-family and senior housing, as well as commercial and retail properties. In all, more than 13,500 multi-family and single-family housing units have been built with another 2,275+ planned in 2010.

In 2003, the owners formed NRP Management, which by year-end 2010 will manage nearly 70 properties encompassing over 7,500 market rate and tax credit family and senior apartment properties in Ohio, Michigan, North Carolina, Virginia, Texas, Indiana, New Mexico and Arizona.

The NRP Group, LLC has offices in Cleveland, Ohio; San Antonio, Texas; Phoenix, AZ; Raleigh, North Carolina; for more information, call (216) 475-8900 or visit http://www.nrpgroup.com.

Contact: Diane Christy
Phone: 216.475.8900
Fax: 216.475.0700
E-mail: dchristy (at) NRPGroup (dot) com

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