Virtú Investments Acquires Peak 16 in Phoenix, AZ

Virtú Investments acquired Peak 16, a 233-unit apartment property in Phoenix, AZ. Completed in 2018, Peak 16 combines a highly desirable Camelback Corridor location with a high-level exterior design, a superior amenity package, top-of-the-line interior finishes and excellent floor plans to create a true best-in-class multifamily community.

Peak 16 residents can take advantage of a resort-sized lap swimming pool and spa facilities with cabanas, outdoor courtyards with fireplaces and barbecues, clubhouse with WiFi in common areas, state-of the- art fitness center, gaming area with pool table, televisions and social seating areas, tech lounge, a 24-hour package locker system and storage units. Each residence is accessed by one of four elevators and climate controlled interior corridors.

Peak 16’s spacious floor plans feature wood-style plank flooring, modern kitchens with islands and stainless-steel appliance package including gas cooktops, tile backsplashes, “French door” style refrigerators, quartz countertops, contemporary lighting and washer/dryers in units, with most floor plans offering private balconies/ patios. Ceiling heights range from 9 to 25 feet throughout the community. Peak 16 is a podium-style community featuring elevator access to each floor.