SOLD
Tower 16 Capital Partners Sells Peoria Multifamily For $18.6M With Broker Jesse Hudson
10860 North 85th Avenue
MultiFamily
72,000 SF
72,000 SF
Sold 226 days ago
Summary
Sale
ARIZONA
MultiFamily
72,000 sqft
A 100-unit multifamily property located at 10860 North 85th Avenue in Peoria, AZ has been sold for a total price of $18,600,000. The property spans across 72,000 square feet and was sold at an average price per unit (PPU) of $186,000 and price per square foot (PPSF) of $258.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $18,600,000
- Address: 10860 North 85th Avenue, Peoria, AZ
- Market: Peoria, AZ
- Units: 100
- PPU: $186,000
- SF: 72,000
- PPSF: $258
Tower 16 Capital Partners represented by Mike Farley and Tyler Pruett acted as the sellers in this transaction. The brokerage services were provided by Jesse Hudson from NorthMarq.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Mike Farley, Tyler Pruett & Jesse Hudson
DATE: 09/29/2023
ADDRESS: 10860 North 85th Avenue
MARKET: Peoria, AZ
ASSET TYPE: MultiFamily
SELLER: Tower 16 Capital Partners - Mike Farley & Tyler Pruett
BROKER: Jesse Hudson - NorthMarq (@Northmarq)
SALE PRICE: $18,600,000
UNITS: 100 ~ PPU: $186,000
SF: 72,000 ~ PPSF: $258View on map
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Address10860 North 85th Avenue
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