Sun Life Assurance Co Acquires 64-Unit Single Family Rental Community In Goodyear, AZ From Curve Development For $25.6M

A 64-unit single-family rental community, Cyrene at Estrella, located at 15430 West Baden Street in Goodyear, Arizona, has been sold for a total of $25.6 million. The sale price equates to $400,000 per unit.

Summary of transaction details:

• Property Type: Single Family Rental
• Transaction Amount: $25,600,000
• Units: 64
• Price Per Unit: $400,000
• Market: Goodyear, AZ

The buyer of the property is Sun Life Assurance Co, while the seller is Nathan Pile of Curve Development. Curve Development, funded by private equity firm JEN Partners, facilitated the transaction.

Note: The sale of Cyrene at Estrella was completed by Curve Development for $25.6 million, representing a sale price of $400,000 per unit.