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

Property Image
SOLD
$25,600,000

Arizona

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Single Family Residence
Sold 10/31/2023
the dealdetailscomps
Property Image
SOLD

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

15430 West Baden Street

See Similar Deals
Single Family Residence
Sold 10/31/2023
the dealdetailscomps

Summary

ARIZONA
Asset Type:Single Family Residence
Transaction Type:Sale

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.

Players

SC
Sun Life Assurance Co
BUYER
CD
Curve Development
SELLER

Details

SOLD
IMAGE: Nathan Pile DATE: 10/31/2023 ADDRESS: 15430 West Baden Street MARKET: Goodyear, AZ ASSET TYPE: Single Family Rental BUYER: Sun Life Assurance Co SELLER: Nathan Pile - Curve Development SALE PRICE: $25,600,000 UNITS: 64 ~ PPU: $400,000 NOTE: Curve Development, funded by private equity firm JEN Partners, has sold the 64-unit single-family rental community, Cyrene at Estrella, in Goodyear, Arizona, for $25.6 million, equating to $400,000 per unit.

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