SOLD
Tower 16 Capital Partners Acquires Phoenix Multifamily For $42M
6565 West Bethany Home Road
MultiFamily
176,598 SF
176,598 SF
Sold 1 year ago
Summary
Sale
ARIZONA
MultiFamily
176,598 sqft
Located at 6565 W. Bethany Home Road in Phoenix, this multifamily property was recently sold in a closed transaction. The property consists of 276 units, with an average price per unit of $152,173. The total square footage of the property is 176,598, with an average price per square foot of $237.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $42,000,000
- Market: Phoenix
Tower 16 Capital Partners purchased the property, with the transaction facilitated by broker Alon Shnitzer. The deal was finalized on September 1, 2021.
Players
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Agents
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Details
SOLD
IMAGE: Tyler Pruett & Mike Farley
DATE: 09/01/2021
ADDRESS: 6565 W. Bethany Home Road
MARKET: Phoenix
ASSET TYPE: Multifamily
BUYER: Tower 16 Capital Partners
BROKER: Alon Shnitzer
SALE PRICE: $42,000,000
UNITS: 276 ~ PPU: $152,173
SF: 176,598 ~ PPSF: $237View on map
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Address6565 West Bethany Home Road
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