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Peachtree Group has launched its latest hotel property structured as a Delaware Statutory Trust. The 128-key SpringHill Suites Phoenix West Avondale is located in Avondale, Ariz., within the Phoenix metropolitan area. This is Peachtree’s ninth DST offering since the firm launched the program in 2022.

The SpringHill Suites Phoenix West Avondale opened in August 2024 and is positioned to benefit from the area’s strong population growth and economic expansion. Avondale is one of the fastest-growing cities in Maricopa County, with new residential and commercial developments driving local demand. The broader Phoenix metro area added nearly 85,000 residents between 2023 and 2024 and continues to rank among the fastest-growing regions in the country.