facebook
Traded Co logo
Submit a Deal
26800 North 27th Avenue
SOLD

Praedium Group Acquires Livano Deer Valley For $64M In Phoenix Multifamily Sale

26800 North 27th Avenue

MultiFamily
clock iconSold 31 days ago
the dealplayerscompscontact
share iconContact now

Summary

Sale
ARIZONA
MultiFamily

The property involved in the transaction is Livano Deer Valley, a 242-unit apartment complex located at 26800 North 27th Avenue in Phoenix, Arizona. The asset was sold by LIV Development to Russell Appel's Praedium Group for a total price of $64,000,000, equating to approximately $264,462 per unit.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $64,000,000
  • Units: 242
  • Price per Unit: $264,462
  • Buyer: Russell Appel - Praedium Group
  • Seller: LIV Development
  • Broker: Marcus & Millichap
  • Address: 26800 North 27th Avenue, Phoenix, AZ

Marcus & Millichap represented the parties in this real estate deal, facilitating the acquisition of Livano Deer Valley by Praedium Group. The successful transaction underscores the continued activity and investment interest in the Phoenix multifamily market.

Details

Deal Summary
minus icon
SOLD
IMAGE: 06/13/2024 ADDRESS: 26800 North 27th Avenue MARKET: Phoenix, AZ ASSET TYPE: Multifamily BUYER: Russell Appel - Praedium Group SELLER: LIV Development BROKER: Marcus & Millichap SALE PRICE: $64,000,000 UNITS: 242 ~ PPU: $264,463 NOTE: Praedium Group has acquired Livano Deer Valley, a 242-unit apartment complex in Phoenix, for $64 million, averaging $264,462 per unit.

View on map

Loading...

Address26800 North 27th Avenue

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.