Caliber sold The Elkwood Apartment Community in December 2021 for $4,400,000.

Acquired in July 2018 for $1,900,000, the 224 multi-family unit apartment community is built for NAU students, medical professionals, families, and Phoenix residents seeking cooler weather.

Using subtle materials to blend in with the natural beauty of the area, Caliber added a seasonal outdoor pool, year-round spa, walking and mountain biking trails, and a dog park complete with a dog wash station. The development strategy is aimed towards NAU students, medical professionals, families, and Phoenix residents seeking cooler weather.