Phoenix – February 1, 2016 – Brian Smuckler and Jeff Seaman of CBRE’s Multifamily Investment Properties in Phoenix have completed six transactions totaling more than $4.86 Million.
- Point Park North and South, a 28-unit community located at 3601 and 3615 North 15th Avenue in Phoenix, was sold for $1.05 million. The seller was Gregory A. Marshall of Couternon, France. The buyer was Point Park Apartments LLC of Vancouver, B.C.
- La Vita, an 18-unit community located at 6730 North 17th Avenue in Phoenix was sold for $927,000. The seller was Moon Valley 2011 LLC of Scottsdale, AZ. The Buyer was John A. Hopkins of Carlsbad, CA.
- Lee Villas, a 12-unit community located at 3212 North 37th Street was sold for $700,000. The seller was Gregory Marshall of Couternon, France. The buyer was Trinity Apartments LLLP of Scottsdale, AZ.
- Villa Pacifica, a 12-unit community located at 4207 North 27th Street was sold for $700,000. The seller was Joseph Forman of Pasadena, CA. The buyer was 4226 North 27th Street LLP of Phoenix, AZ.
- Barrett Apartments, a 12-unit community located at 3416 North 37th Street was sold for $685,000. The seller was 3416 Barrett Apartments of Scottsdale, AZ. The buyer was Trinity Apartments LLLP of Scottsdale, AZ.
- Desert Jewel, an 11-unit one story community located at 2947 North 39th Street was sold for $795,000. The seller was Desert Jewel 39th St LLC of Phoenix, AZ. The buyer was Andrew and Jill Hasman of Vancouver, BC.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
