InTrust Property Partners Acquires Phoenix Multifamily For $63.1M

An undisclosed multifamily property located at 2020 W Glendale Ave in Phoenix, AZ has been sold in a recent transaction. The property consists of 256 units and was sold for a total of $63,100,000, resulting in an average price per unit of $246,484.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $63,100,000
• Number of Units: 256
• Price Per Unit: $246,484

The buyer of the property is InTrust Property Partners, while Renue Properties acted as the seller. The transaction was facilitated by Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle from the agency Northmarq, who represented both parties in the deal.