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CBRE Brokers $4.8M Sale of Apartment Community Near Arizona State University in Tempe

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PHOENIX, Arizona – CBRE has arranged the sale of Decco 109, a 40-unit garden-style apartment community located near Arizona State University at 109 E. Broadway Road in Tempe, Ariz. The property commanded a sale price of $4.8 million ($120,000 per unit). Brian Smuckler, Jeff Seaman, and Bryson Fricke represented the seller, 5C Onyx Tempe, LLC, […]

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CBRE Arranges Sale of Mid-Century Apartment Community in Phoenix for $12.07 Million

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PHOENIX Arizona –  CBRE arranged the sale of a 156-unit apartment complex located at 3130 N. 7th Ave in Phoenix, Ariz. The property, formerly a 1960s-era hotel, was sold by San Francisco, California-based FPA5 El Cortez, LLC, to Austin, Texas-based PB Acquisitions for $12.07 million. Brian Smuckler, Jeff Seaman, Bryson Fricke and Bert Kempfert with

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Buckeye Apartment Community Sells for $6.25 Million

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PHOENIX, Arizona – CBRE has completed the sale of Camelot Apartments, an 80-unit garden-style apartment community located at 1022 E. Narramore Avenue in Buckeye, Ariz. Aztec Properties, LLC of Scottsdale, Ariz. acquired the property from Phoenix-based Camelot Condominiums, LLC for $6.25 million ($78,125 per unit). Brian Smuckler, Jeff Seaman and Derek Smigiel with CBRE Phoenix

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