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15301 North 57th Avenue
SOLD

David J. Nagel Of Decron Properties Acquires 266-Unit Multifamily In Glendale For $69M

15301 North 57th Avenue

MultiFamily
clock iconSold 85 days ago
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Summary

Sale
ARIZONA
MultiFamily

Decron Properties has purchased Hangar at Thunderbird, a 266-unit gated multifamily community located at 15301 North 57th Avenue in Glendale, AZ. The property was sold for $69 million, amounting to an average of $260,000 per unit.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $69,000,000
  • Address: 15301 North 57th Avenue
  • Market: Glendale, AZ
  • Buyer: David J. Nagel - Decron Properties
  • Units: 266
  • Price per Unit: $259,398

David J. Nagel, representing Decron Properties, facilitated the acquisition of the Hangar at Thunderbird property in Glendale, AZ. The deal reflects Decron Properties's continued strategic investment in the multifamily real estate market.

Details

Deal Summary
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SOLD
IMAGE: 04/19/2024 ADDRESS: 15301 North 57th Avenue MARKET: Glendale, AZ ASSET TYPE: MultiFamily BUYER: David J. Nagel - Decron Properties SALE PRICE: $69,000,000 UNITS: 266 ~ PPU: $259,398 NOTE: Decron Properties has purchased Hangar at Thunderbird, a 266-unit gated multifamily community in Glendale, AZ, for $69 million, averaging $260,000 per unit.

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Address15301 North 57th Avenue

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