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Keith Management Acquires The Reserve At Fox Creek Multifamily Community For $37.8M From Sun Communities Inc

Property Image
SOLD
$37,800,000

Arizona

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MultiFamily
Sold 10/09/2024
the dealdetailscomps
Property Image
SOLD

Keith Management Acquires The Reserve At Fox Creek Multifamily Community For $37.8M From Sun Communities Inc

2350 Adobe Rd

See Similar Deals
MultiFamily
Sold 10/09/2024
the dealdetailscomps

Summary

ARIZONA
Asset Type:MultiFamily
Transaction Type:Sale

The Reserve at Fox Creek is a multifamily manufactured housing community located at 2350 Adobe Rd, Bullhead City, AZ. The property consists of 311 homesites and was sold for $37,800,000, resulting in a price per unit of $121,543.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $37,800,000
  • Units: 311
  • Price Per Unit: $121,543
  • Buyer: Keith Management
  • Seller: Sun Communities Inc
  • Lender: Lument

This transaction involved Keith Management acquiring the property from Sun Communities Inc., facilitated by Lument as the lending institution. The deal highlights the involvement of established entities in the multifamily sector within the Bullhead City market.

Details

SOLD
IMAGE: 10/09/2024 ADDRESS: 2350 Adobe Rd MARKET: Bullhead City, AZ ASSET TYPE: Multifamily BUYER: Keith Management SELLER: Sun Communities Inc LENDER: Lument SALE PRICE: $37,800,000 UNITS: 311 ~ PPU: $121,543 NOTE: Sun Communities Inc. sold The Reserve at Fox Creek, a 311-homesite manufactured housing community in Bullhead City, AZ, to Keith Management for $37.8M.

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