The KW Phoenix Apartment Group
RECENT TRANSACTIONS
We are pleased to provide a sampling of our most recent apartments transactions.
$20,300,000 OR $230,682/UNIT
THE GALLERY APARTMENTS
1655 E SOUTHERN AVE., TEMPE AZ
88 UNITS
SOLD ON MARCH 27TH, 2023
The Gallery Apartments was recently sold to a LA-based syndication group for $20,300,000 or $230,682 per unit. The 1971 constructed garden-style rental community was 96% occupied at the time of the sale. The property was acquired in April 2018 for $10,000,000.
$8,440,000 OR $159,890/UNIT
THE MARLOWE APARTMENTS
2950 N 46TH STREET, PHOENIX AZ
53 UNITS
SOLD ON JUNE 26TH, 2023
The Marlowe Apartments was recently sold to a Canadian-based syndication group for $8,440,000 or $159,890 per unit. The 1968 constructed garden-style rental community was 92% occupied at the time of the sale. The property was acquired in April 2019 for $5,600,000.
$42,000,000 OR $225,806/UNIT
SPRING APARTMENTS
2015 W CACTUS RD., PHOENIX AZ
186 UNITS
SOLD ON MARCH 30TH, 2023
Spring Apartments was recently sold to a Phoenix-based syndication group for $42,000,000 or $225,809 per unit. The 1984 constructed garden-style rental community was 96% occupied at the time of the sale. The property was acquired in May 2016 for $13,805,000.
ABOUT ME
Germain Villeneuve
Germain has over 25 years experience in the real estate industry. Utilizing the national platform, Germain has a proven track record of exceeding client expectations by maximizing market value for multi-family assets.
Our Philosophy
KW Phoenix Apartment Group is committed to placing the best interests of its clients ahead of its own. Hard work, honesty, integrity and trust are the key characteristics of how we conduct our business. Our goal is to forge successful, long-lasting relationships with all of our clients.
Call call us to discuss our First Look Club and how we can become part of your business plan!