Interwest Capital Group Acquires Mesa Multifamily For $69.2M

The multifamily property located at 111 North Gilbert Road in Mesa, AZ, has been sold for a total price of $69,200,000. The sale was completed on 11/09/2021, with Interwest Capital Group represented by Alex Roudi as the buyer and FPA Multifamily represented by Greg Fowler as the seller. The property consists of 397 units, with a per unit price of approximately $174,307.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $69,200,000
• Units: 397
• Price Per Unit: $174,307
• Buyer: Interwest Capital Group - Alex Roudi
• Seller: FPA Multifamily - Greg Fowler
• Market: Mesa, AZ

Alex Roudi, representing Interwest Capital Group, facilitated the purchase of the property, while Greg Fowler, representing FPA Multifamily, oversaw the sale. This transaction highlights the successful collaboration between these key individuals and their respective companies in the multifamily market.