Rich Butler

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Central Phoenix Apartment Sells for $1.2 Million or $150,000 a unit

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Marcus & Millichap (NYSE: MMI) announced the sale of The SEBO, an early century historic apartment building located in the prestigious Roosevelt Historic District of Downtown Central Phoenix. The asset commanded a sales price of $1,200,000 or $150,000 per unit. Brian Tranetzki and Rich Butler, multifamily investment specialists in Marcus & Millichap’s Phoenix office had […]

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Bethany at Midtown Multifamily Fetches $3.16 Million

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PHOENIX, AZ – Marcus & Millichap (NYSE: MMI), announced the sale of Bethany at Midtown, a recently renovated mid-century art deco style apartment building in the Uptown Phoenix corridor.  The asset commanded a sales price of $3,160,000 ($79,000 per unit). Brian Tranetzki and Rich Butler, multifamily investment specialists in Marcus & Millichap’s Phoenix office had

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Vestis Group Acquires Alvarado Apartments In Midtown Phoenix‏

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Phoenix, AZ – Vestis Group is pleased to announce that brokers Natan Jacobs, Les Litwin and Chad Barber have completed the sale of Alvarado Apartments, a 10-unit multifamily community located in the trendy Alvarado East Historic District neighborhood in Midtown Phoenix for $425,000 ($42,500 per unit). Rolf Erikson of Solana Beach, California was the seller of

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