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8818 South Central Avenue
SOLD

Gudi Real Estate Investments Acquires Multifamily Property In Phoenix, AZ For $22.3M

8818 South Central Avenue

MultiFamily
clock iconSold 1 year ago
Karl Abert
Bret Zinn
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Summary

Sale
ARIZONA
MultiFamily

The multifamily property located at 8818 South Central Avenue in Phoenix, AZ has been sold for a price of $22,300,000. The property spans across 4.65 acres and comprises 128 units. The buyer, Gudi Real Estate Investments, acquired the property from the seller, Urban Communities, in a transaction facilitated by brokers Karl Abert and Bret Zinn from Kidder Mathews. The purchase price per unit was $174,219.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $22,300,000
  • Address: 8818 South Central Avenue
  • Market: Phoenix, AZ
  • Acreage: 4.65
  • Buyer: Gudi Real Estate Investments
  • Seller: Urban Communities
  • Brokers: Karl Abert & Bret Zinn - Kidder Mathews
  • Units: 128
  • Price Per Unit: $174,219

The transaction involved the collaboration of various parties, including the buyer Gudi Real Estate Investments, the seller Urban Communities, and the brokers Karl Abert and Bret Zinn from Kidder Mathews. Their expertise in the real estate market facilitated the successful completion of the deal.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Karl Abert's profile picture
Karl Abert
Kidder Mathews-image
Senior Vice President/Shareholder
$43.3M Sold
Bret Zinn's profile picture

Details

Deal Summary
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SOLD
IMAGE: Karl Abert & Bret Zinn DATE: 10/06/2022 ADDRESS: 8818 South Central Avenue MARKET: Phoenix, AZ ASSET TYPE: Multifamily ~ ACRES: 4.65 BUYER: Gudi Real Estate Investments SELLER: Urban Communities BROKERS: Karl Abert & Bret Zinn - Kidder Mathews SALE PRICE: $22,300,000 UNITS: 128 ~ PPU: $174,219

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Address8818 South Central Avenue

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