While Coronavirus has caused upheaval in every aspect of life including the multifamily rental marketplace, Urban Pacific has been able to defeat those odds in it’s newest project in the lease up phase. The workforce housing project, located at 3801 Franklin Avenue, has leased up 85% of its units within 5 weeks of being completed.
This is a highly robust leasing rate during this time in the housing marketplace and demonstrates the power of the Urban Town House “recession resilient” housing model. Urban Pacific is receiving the benefit of families and roommates, who are joining together in the “economic sharing” housing model, to share income and expenses during times of recession.
For those interested to invest in another “recession resilient” project, click this link to see the latest equity investment opportunity – the 1491 Atlantic project in Long Beach, CA. There are several additional UTH projects available for investment, email Scott Choppin at choppin@urbanpacific.com to set up a call.
For more information on Urban Pacific, please visit https://www.urbanpacific.com
About Urban Pacific
For over 50 years, Urban Pacific and it’s founding family have been developers of premier residential and commercial projects. Including development of the Long Beach World Trade Center, and the Axis at Westminster project, Urban Pacific and the Choppin family have built superior identities of trust, value, authority, and leadership in the real estate development domain throughout the nation.
Twitter: https://twitter.com/ScottChoppin?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
LinkedIn: https://www.linkedin.com/in/scottchoppin/
Facebook: https://www.facebook.com/scottchoppin.business/
Instagram: https://www.instagram.com/scottchoppin/?hl=en
Media Contact
Company Name: Urban Pacific
Contact Person: Scott Choppin
Phone: (562) 552-1777
Address:5318 E. 2nd Street
City: Long Beach
State: California
Country: United States
Website: https://www.urbanpacific.com/
