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Davlyn Investments Acquires Multifamily Property In Chandler, Ariz. For $114.4M

Property Image
SOLD
$114,400,000

Arizona

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MultiFamily321,964 SF
Sold 12/21/2021
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Property Image
SOLD

Davlyn Investments Acquires Multifamily Property In Chandler, Ariz. For $114.4M

635 South Ellis Street, Chandler, Arizona 85224, United States

See Similar Deals
MultiFamily321,964 SF
Sold 12/21/2021

Summary

ARIZONA
Asset Type:MultiFamily
Price Per Square Foot:$355
Total Square Footage:321,964 SF
Transaction Type:Sale

The multifamily property located at 635 South Ellis St in Chandler, Arizona has been sold in a recent transaction. The property consists of 290 units and was sold for a total price of $114,400,000, resulting in a per unit price of $394,482. The sale was facilitated by JLL Capital Markets, acting as the broker in the deal. The buyer, Davlyn Investments, was represented by Jon D. Williams.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $114,400,000
  • Address: 635 South Ellis St, Chandler, Arizona
  • Market: Chandler, Arizona
  • Units: 290
  • Seller: TruAmerica Multifamily
  • Broker: JLL Capital Markets

Jon D. Williams, representing Davlyn Investments, played a key role in the transaction as the buyer's representative. The sale of this multifamily property in Chandler, Arizona highlights the ongoing activity and investment interest in the local real estate market.

Players

BUYER

Details

SOLD
IMAGE: Jon D. Williams DATE: 12/21/2021 ADDRESS: 635 South Ellis St MARKET: Chandler, Ariz ASSET TYPE: Multifamily BUYER: Davlyn Investments - Jon D. Williams SELLER: TruAmerica Multifamily BROKER: JLL Capital Markets SALE PRICE: $114,400,000 UNITS: 290 ~ PPU: $394,482

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