IPA Represents Seller In Sale Of 275-Unit Multifamily Property In Peoria For Undisclosed Amount

A 275-unit Class A multifamily property located at 9201 North 83rd Avenue in Peoria, AZ has been sold. The property, completed in 2021, spans more than 10 acres and features units averaging 929 square feet. Situated near major thoroughfares including Loop 101 and U.S. 60, it provides access to significant employment hubs in the West Valley.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 275
• Acres: 10
• Address: 9201 North 83rd Avenue
• Market: Peoria, AZ
• Broker Representatives: Steve Gebing & Cliff David - Institutional Property Advisors

IPA successfully represented the seller and also procured the buyer for this transaction. The brokerage firm's involvement underscores their role in facilitating the sale of this multifamily asset effectively.