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2912 East Indian School Road
SOLD

Orion Investment Real Estate Sells Urban 357 Apartments In Phoenix For $41M

2912 East Indian School Road

MultiFamily
149,983 SF
clock iconSold 97 days ago
Linda Fritz-Salazar
Angelessa Ritchie
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Summary

Sale
ARIZONA
MultiFamily
149,983 sqft

The Urban 357 Apartments in Phoenix, a multifamily asset, located at 2912 East Indian School Road, was sold for $41 million. The property comprises 357 units, with each unit costing $114,846. The total square footage of the property is 149,983, translating to $273 per square foot in terms of price.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $41,000,000
  • Units: 357
  • Price Per Unit: $114,846
  • Square Footage: 149,983
  • Price Per Square Foot: $273
  • Address: 2912 East Indian School Road
  • Market: Phoenix, AZ
  • Brokers: Angelessa Ritchie & Linda Fritz-Salazar - Orion Investment Real Estate

Orion Investment Real Estate played a key role in facilitating the $41 million transaction of the Urban 357 Apartments in Phoenix. Angelessa Ritchie and Linda Fritz-Salazar, representing Orion Investment Real Estate, were the brokers involved in the deal.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Linda Fritz-Salazar's profile picture
Linda Fritz-Salazar
Orion Investment Real Estate-image
Senior Vice President
$41M Sold

Details

Deal Summary
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SOLD
IMAGE: 04/08/2024 ADDRESS: 2912 East Indian School Road MARKET: Phoenix, AZ ASSET TYPE: Multifamily BROKERS: Angelessa Ritchie & Linda Fritz-Salazar - Orion Investment Real Estate SALE PRICE: $41,000,000 UNITS: 357 ~ PPU: $114,846 SF: 149,983 ~ PPSF: $273 NOTE: Orion Investment Real Estate facilitated the sale of Urban 357 Apartments in Phoenix, which traded for $41 million, equating to $114,846 per unit.

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Address2912 East Indian School Road

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