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Inland Real Estate Acquisitions Acquires Multifamily Property In Goodyear, AZ For $119M

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SOLD
$119,000,000

Arizona

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MultiFamily
Sold 06/09/2022
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SOLD

Inland Real Estate Acquisitions Acquires Multifamily Property In Goodyear, AZ For $119M

195 North 173rd Avenue, Goodyear, Arizona 85338, United States

See Similar Deals
MultiFamily
Sold 06/09/2022
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Summary

ARIZONA
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 195 N 173rd Ave in Goodyear, AZ has been sold in a recent transaction. The property consists of 263 units and was sold for a total price of $119,000,000, resulting in a price per unit of $452,471. The sale was facilitated by Trevor Koskovich from Northmarq, who represented the buyer Inland Real Estate Acquisitions and worked with the seller RSI Holdings.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $119,000,000
  • Units: 263
  • Price Per Unit: $452,471
  • Buyer: Inland Real Estate Acquisitions
  • Seller: RSI Holdings
  • Broker: Trevor Koskovich - Northmarq

The involvement of Trevor Koskovich from Northmarq as the broker in this transaction highlights the importance of professional representation in complex real estate deals. The successful sale of this multifamily property demonstrates the potential for lucrative investments in the Goodyear, AZ market.

Players

Trevor Koskovich
17 deals$704.1M volume
BROKER

BUYER

Details

SOLD
IMAGE: Trevor Koskovich DATE: 06/09/2022 ADDRESS: 195 N 173RD Ave MARKET: Goodyear, AZ ASSET TYPE: Multifamily BUYER: Inland Real Estate Acquisitions SELLER: RSI Holdings BROKER: Trevor Koskovich - Northmarq SALE PRICE: $119,000,000 UNITS: 263 ~ PPU: $452,471

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$422,781.86
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