SOLD
Cal-Am Properties, Inc Acquires Elevation At The Village Multifamily In Gilbert For $66.5M
1935 South Santan Village Parkway
MultiFamily
Sold 109 days ago
Summary
Sale
ARIZONA
MultiFamily
Cushman & Wakefield has brokered the $66.5 million sale of Elevation at the Village, a newly constructed 214-unit garden-style multifamily community in Gilbert, Arizona. The property, located at 1935 South Santan Village Parkway, offers a prime location in the sought-after market of Gilbert, AZ. The transaction closed on 01/29/2024, with Cal-Am Properties, Inc represented by Cory Sukert as the buyer.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $66,500,000
- Units: 214
- Price Per Unit: $310,748
- Market: Gilbert, AZ
The sale was facilitated by David Fogler, Race Carter, and Steven Nicoluzakis of Cushman & Wakefield who represented the buyer, Cory Sukert of Cal-Am Properties, Inc. Their expertise and negotiation skills contributed to the overall success of the transaction.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: David Fogler, Race Carter & Steven Nicoluzakis
DATE: 01/29/2024
ADDRESS: 1935 South Santan Village Parkway
MARKET: Gilbert, AZ
ASSET TYPE: Multifamily
BUYER: Cory Sukert - Cal-Am Properties, Inc
BROKERS: David Fogler, Race Carter & Steven Nicoluzakis - Cushman & Wakefield
SALE PRICE: $66,500,000
UNITS: 214 ~ PPU: $310,748
NOTE: Cushman & Wakefield has brokered the $66.5 million sale of Elevation at the Village, a newly constructed 214-unit garden-style multifamily community in Gilbert, Arizona.View on map
Loading...
Address1935 South Santan Village Parkway
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want