PHOENIX, Arizona – CBRE Group, Inc. has arranged the $1.99 million sale of Forte, a 21-unit multifamily community located at 6730 N. 17th Ave. in Phoenix. The property sold at 100 percent of the list price.
Brian Smuckler and Jeff Seaman with CBRE’s Phoenix office represented both the buyer and the seller. The buyer, San Diego-based Eugene Kopecky, was a first-time investor who obtained new financing. The seller was Moon Valley 2011, LLC.
Extensively renovated and repositioned in 2016, the apartment community features mostly two-bedroom, two-bathroom units averaging 1,000-square-feet. Additionally, the property is master-metered for electricity.
The community is located in the North Central Phoenix submarket with access to Valley Metro light rail.