SOLD
Marcus & Millichap Sells Alta Cooley Station Multifamily Property In Gilbert, AZ For $80M
2550 South Recker Road
MultiFamily
Sold 126 days ago
Summary
Sale
ARIZONA
MultiFamily
Alta Cooley Station, a 248-unit mid-rise multifamily property located at 2550 South Recker Road in Gilbert, Arizona, has been sold for $80 million. The property is situated within the upscale master-planned community of Cooley Station.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $80,000,000
- Units: 248
- Price per Unit: $322,581
- Date: 12/27/2023
- Market: Gilbert, AZ
- Seller: Wood Partners
- Brokers: Cliff David & Steve Gebing - Institutional Property Advisors
Cliff David and Steve Gebing of Institutional Property Advisors represented the seller, Wood Partners, in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Cliff David & Steve Gebing
DATE: 12/27/2023
ADDRESS: 2550 South Recker Road
MARKET: Gilbert, AZ
ASSET TYPE: Multifamily
SELLER: Wood Partners
BROKERS: Cliff David & Steve Gebing - Institutional Property Advisors
SALE PRICE: $80,000,000
UNITS: 248 ~ PPU: $322,581
NOTE: Marcus & Millichap has announced the $80 million sale of Alta Cooley Station, a 248-unit mid-rise multifamily property in Gilbert, Arizona, within the upscale master-planned community of Cooley Station.View on map
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Address2550 South Recker Road
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