Storm Properties Acquires Multifamily Property In Glendale For $33.5M

The multifamily property located at 6240 North 63rd Avenue in Glendale, AZ was sold for $33,500,000 on December 16, 2022. This property consists of 200 units, with each unit priced at $167,500.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $33,500,000
• Units: 200
• Price Per Unit: $167,500
• Address: 6240 North 63rd Avenue
• Market: Glendale, AZ

Storm Properties was the buyer of the multifamily property, with Northmarq acting as the broker representing the transaction.