Tower 16 Capital Partners Acquires Glendale Multifamily For $30.4M

The property involved in the transaction is a multifamily asset located at 66112 North 67th Avenue in Glendale, AZ. The sale took place on December 16, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $30,400,000
• Units: 160
• Price Per Unit: $190,000
• Total Square Footage: 120,800
• Price Per Square Foot: $251
• Market: Glendale, AZ

Tower 16 Capital Partners, represented by Mike Farley and Tyler Pruett, acquired the property. The buyer was assisted by brokers Jesse Hudson, Trevor Koskovich, and Bill Hahn.