CSLC Housing Acquisitions Buys Arcadia Gardens Multifamily In Phoenix For $14.75M

The sale of Arcadia Gardens, a 76-unit apartment community, located at 3101 North 32nd Street in Phoenix, Arizona, was facilitated by Cushman & Wakefield. The property was sold to CSLC Housing Acquisitions for a total price of $14.75 million.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,750,000
• Units: 76
• Price Per Unit: $194,079
• Market: Phoenix, AZ
• Buyer: CSLC Housing Acquisitions
• Seller: Rincon Partners
• Brokers: David Fogler & Steven Nicoluzakis - Cushman & Wakefield

Cushman & Wakefield played a vital role in connecting the buyer, CSLC Housing Acquisitions, with the seller, Rincon Partners, in this significant transaction. David Fogler and Steven Nicoluzakis, representing Cushman & Wakefield, acted as the brokers facilitating the deal between the two parties.