Phoenix, Arizona – CBRE’s Multifamily Investment Group recently completed the sale of Mission Villa Apartments, a fractured condominium in East Phoenix. The sale consisted of 64 units in a 66-unit condominium complex located at 3001 North 32nd Street in Phoenix and commanded a sale price of $3.52 million, or $55,000 per unit. The buyer was […]
CBRE Completes $3.52M Sale of Mission Villa Apartments in Phoenix Read More »
Phoenix, AZ – CBRE has recently completed the sale of Greenridge Apartments, a 72-unit, multifamily property located at 3830 W. McDowell Rd in Phoenix, Arizona. The seller was Woodridge Manor Holding Inc. and the buyer was Greenridge, LLC. Both parties were represented by Brian Smuckler and Jeff Seaman with CBRE Phoenix. Total consideration for the
CBRE completes $2.9 Million Sale of Greenridge Apartments in Phoenix Read More »
Phoenix, AZ – The Phoenix multifamily sector continues to mirror many national trends. Namely, rents are rising, vacancy is dropping and everywhere you look it seems another large-scale, luxury apartment community is coming out of the ground. Now, as rental demand remains steady and investors are actively trading assets at a healthy clip, unique trends