Zach Goldman & John Gochberg Of TGM Acquire Ocotillo Bay Multifamily Community In Chandler For $90.5M

The sale involved a multifamily community located at 1889 West Queen Creek Road, Chandler, AZ. The transaction was finalized for a total of $90,500,000, encompassing 296 units, which translates to a price per unit of $305,743. The property features resort-style amenities and Spanish architecture, signifying a comprehensive asset in the multifamily market.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $90,500,000
• Address: 1889 West Queen Creek Road
• Market: Chandler, AZ
• Units: 296
• Price Per Unit: $305,743

The buyer of the property is Zach Goldman & John Gochberg, representing TGM. The brokers involved in the transaction include Asher Gunter, Austin Groen, Matt Pesch & Sean Cunningham from CBRE, who also negotiated the sale. This transaction marks TGM’s return to the Phoenix market.