SOLD
Austin Herzog Of IDEAL Capital Acquires Multifamily In Glendale For $108M
3600 West Happy Valley Road
MultiFamily
Sold 54 days ago
Summary
Sale
ARIZONA
MultiFamily
Located at 3600 West Happy Valley Road in Glendale, VA, the multifamily asset spanning 13 acres has been sold for $108,000,000. The property, known as Sentio, consists of a 325-unit luxury community.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $108,000,000
- Buyer: Austin Herzog - IDEAL Capital
- Seller: Hines Interests
- Broker: Asher Gunter - CBRE
- Market: Glendale, VA
- Asset Type: Multifamily
- Acres: 13
Austin Herzog of IDEAL Capital led the acquisition of Sentio from the seller, Hines Interests, with the assistance of Asher Gunter from CBRE. The deal was financed through a $60 million Freddie Mac loan facilitated by CBRE.
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Details
SOLD
IMAGE: Austin Herzog & Asher Gunter
DATE: 03/04/2024
ADDRESS: 3600 West Happy Valley Road
MARKET: Glendale, VA
ASSET TYPE: Multifamily ~ ACRES: 13
BUYER: Austin Herzog - IDEAL Capital
SELLER: Hines Interests
BROKER: Asher Gunter - CBRE
SALE PRICE: $108,000,000
NOTE: IDEAL Capital has acquired Sentio, a 325-unit luxury community in Glendale, Arizona, for $108 million from Hines Interests, securing a $60 million Freddie Mac loan facilitated by CBRE.View on map
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Address3600 West Happy Valley Road
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