Epic Investment Services Acquires 150-Unit Multifamily In Tempe, AZ For $43.1M

A multifamily property located at 1750 S Price Rd in Tempe, AZ has been sold in a recent transaction. The property consists of 150 units and was sold for a total price of $43,100,000, resulting in an average price per unit of $287,333. The sale was facilitated by brokers Cliff David and Steve Gebing from Institutional Property Advisors. The buyer, Epic Investment Services, acquired the property from the seller, Western Wealth Capital.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $43,100,000
• Address: 1750 S Price Rd, Tempe, AZ
• Market: Tempe, AZ
• Units: 150
• Price per Unit: $287,333

Epic Investment Services purchased the multifamily property located at 1750 S Price Rd from Western Wealth Capital in a closed transaction. The deal was successfully negotiated by brokers Cliff David and Steve Gebing from Institutional Property Advisors. This transaction highlights the continued activity and investment interest in the Tempe, AZ market.