facebook
Traded Co logo
Submit a Deal
1333 West Parklane Boulevard
SOLD

Olympus Property Acquires Alta Chandler At The Park In Chandler For $94.5M

1333 West Parklane Boulevard

MultiFamily
clock iconSold 121 days ago
Jesse Zarouk
Jake Vitta
Brian Eisendrath
+ 4
the dealplayerscompscontact
share iconContact now

Summary

Sale
ARIZONA
MultiFamily

The sale involved Alta Chandler at The Park, a mid-rise apartment community in Chandler, Phoenix. The property, located at 1333 West Parklane Boulevard, was sold by Wood Partners to Olympus Property for $94.5 million. The transaction price translated to $324,742 per unit, with a total of 291 units included in the sale.

Summary of transaction details:

Institutional Property Advisors (IPA), a division of Marcus & Millichap, played a pivotal role in the deal, facilitating the acquisition of Alta Chandler at The Park. Brian Eisendrath, Cameron Chalfante, Jake Vitta, and Jesse Zarouk, mortgage brokers from Institutional Property Advisors, also contributed to the successful completion of the transaction.

Players

  • All

    7

  • Agents

    6

  • Agencies

    1

Jesse Zarouk's profile picture
Jesse Zarouk
Institutional Property Advisors-image
Managing Director
$94.5M Sold
Jake Vitta's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Chandler Wonderly, Joseph Keough, Cliff David, Steve Gebing, Brian Eisendrath, Cameron Chalfante, Jake Vitta & Jesse Zarouk DATE: 03/15/2024 ADDRESS: 1333 West Parklane Boulevard MARKET: Chandler, AZ ASSET TYPE: Multifamily BUYER: Chandler Wonderly - Olympus Property SELLER: Joseph Keough - Wood Partners BROKERS: Cliff David & Steve Gebing - Institutional Property Advisors MORTGAGE BROKERS: Brian Eisendrath, Cameron Chalfante, Jake Vitta & Jesse Zarouk - Institutional Property Advisors SALE PRICE: $94,500,000 UNITS: 291 ~ PPU: $324,742 NOTE: Institutional Property Advisors (IPA), a division of Marcus & Millichap, facilitated the sale of Alta Chandler at The Park, a mid-rise apartment community in Chandler, Phoenix, with Wood Partners selling the asset to Olympus Property for $94.5 million, equivalent to $324,742 per unit.

View on map

Loading...

Address1333 West Parklane Boulevard

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want