SB Real Estate Partners Acquires Multifamily Property In Phoenix For $27.5M
3434 East McDowell Road
MultiFamily
122,974 SF
122,974 SF
Sold 1 year ago
Summary
The multifamily property located at 3434 E McDowell Rd in Phoenix, AZ has been sold for a price of $27,500,000. The property consists of 128 units, with a price per unit of $214,844. The transaction took place on 10/05/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $27,500,000
- Address: 3434 E McDowell Rd, Phoenix, AZ
- Market: Phoenix, AZ
- Buyer: SB Real Estate Partners - Srijin Bandyopadhyay
- Seller: Break of Day Capital
- Brokers: Brian Smuckler, Jeff Seaman, Derek Smigiel, & Bryson Fricke - CBRE
- Mortgage Brokers: Chinmay Bhatt, Noam Franklin, & Cody Kirkpatrick - Berkadia
- Units: 128
- Price Per Unit: $214,844
The buyer in this transaction is SB Real Estate Partners - Srijin Bandyopadhyay, while the seller is Break of Day Capital. The brokers involved in the deal are Brian Smuckler, Jeff Seaman, Derek Smigiel, & Bryson Fricke from CBRE. Chinmay Bhatt, Noam Franklin, & Cody Kirkpatrick from Berkadia served as the mortgage brokers for this transaction.
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3434 East McDowell Road
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