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

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.