WND Acquires Multifamily Property In Maryvale, Phoenix For $32.1M

An multifamily property located at 4903 W. Thomas Rd. in Maryvale, Phoenix, AZ was recently sold for a price of $32,100,000. The property consists of 180 units, with a per unit price of $178,333. The transaction took place on 06/08/2022 and the sale was facilitated by the buyer, WND, and the seller, Tower 16 Capital Partners represented by Mike Farley and Tyler Pruett.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,100,000
• Address: 4903 W. Thomas Rd., Maryvale, Phoenix, AZ
• Units: 180
• Price per Unit: $178,333
• Buyer: WND
• Seller: Tower 16 Capital Partners - Mike Farley & Tyler Pruett
• Brokers: Ric Holway & Dan Cheyne - Berkadia Phoenix

Ric Holway and Dan Cheyne from Berkadia Phoenix served as the brokers in this transaction, representing the buyer and seller respectively. The sale of this multifamily property in Maryvale, Phoenix, AZ marks a significant deal in the local real estate market.