LVP Partners Group Acquires Avalon Townhomes Multifamily In Avondale Arizona For $30.1M

Avalon Townhomes is a multifamily asset located at 13025 West Thomas Road in Avondale, Arizona. The property consists of 70 units, with a price per unit of $430,000. The total sale price for the transaction was $30,100,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,100,000
• Buyer: LVP Partners Group
• Seller: TruVisa Development & Bela Flor Communities
• Units: 70

This transaction was facilitated by Berkadia, which played a key role in the sale, marking LVP Partners Group's fourth acquisition in the Metro Phoenix area since 2020.