SOLD
CBRE Facilitates $130.5M Sale Of Arcadia Cove Multifamily In Phoenix
2252 North 44th Street
MultiFamily
Sold 234 days ago
Summary
Sale
ARIZONA
MultiFamily
Arcadia Cove, a 432-unit multifamily community located at 2252 North 44th Street in Phoenix, Arizona, has been sold for $130.5 million. The property, represented by Asher Gunter, Matt Pesch, Sean Cunningham, and Austin Groen from CBRE, was purchased by an undisclosed buyer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $130,500,000
- Units: 432
- Price per Unit: $302,083
- Address: 2252 North 44th Street, Phoenix, AZ
- Market: Phoenix, AZ
CBRE facilitated the sale, with Asher Gunter, Matt Pesch, Sean Cunningham, and Austin Groen representing the seller, Priderock Capital Partners. The successful transaction of Arcadia Cove showcases the expertise of the CBRE team in navigating the multifamily real estate market in Phoenix, Arizona.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen
DATE: 09/13/2023
ADDRESS: 2252 North 44th Street
MARKET: Phoenix, AZ
ASSET TYPE: Multifamily
SELLER: Priderock Capital Partners
BROKERS: Asher Gunter, Austin Groen, Matt Pesch & Sean Cunningham - CBRE
SALE PRICE: $130,500,000
UNITS: 432 ~ PPU: $302,083
NOTE: CBRE facilitated the sale of Arcadia Cove, a 432-unit multifamily community in Phoenix, with Asher Gunter, Matt Pesch, Sean Cunningham, and Austin Groen from CBRE representing the seller, Priderock Capital Partners. The property was sold for $130.5 million.View on map
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Address2252 North 44th Street
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