Button Capital Limited Acquires Multifamily Property In Fountain Hills For $63.5M

The multifamily property located at 16725 E Ave of the Fountains in Fountain Hills has been sold for $63,500,000. The transaction took place on April 10, 2020. The property consists of 230 units, with a price per unit of $276,086.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $63,500,000
• Units: 230
• Price Per Unit: $276,086
• Address: 16725 E Ave of the Fountains, Fountain Hills
• Market: Fountain Hills

The buyer of the property is Button Capital Limited, while the seller is Real Capital Solutions. The buyer's representatives in the deal were Rocco Mandala, Anthony Valenzuela, and Dominique @Damerell from CBRE Debt & Structured Finance. On the seller's side, Tyler Anderson, Sean Cunningham, Asher Gunter, and Matt Pesch represented CBRE.