TruAmerica Multifamily Acquires 164-Unit Multifamily Property In Glendale, AZ For $45.4M

A multifamily property located at 5020 W Peoria Ave in Glendale, AZ has been sold in a transaction. The property consists of 164 units and was acquired by TruAmerica Multifamily. The sale price for the property was $45,400,000, resulting in a price per unit of $276,829.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $45,400,000
• Units: 164
• Price Per Unit: $276,829
• Buyer: TruAmerica Multifamily
• Brokers: Brad Goff, Brett Polachek & Chris Canter - Newmark
• Date: 06/02/2022
• Address: 5020 W Peoria Ave
• Market: Glendale, AZ

The deal was facilitated by the brokers Brad Goff, Brett Polachek, and Chris Canter from Newmark.