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Rise48 Equity Acquires 352-Unit Multifamily Property In Glendale, AZ For $56.1M

7102 North 43rd Avenue
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This MultiFamily property located in AZ was sold for $56,100,000 over 2 years ago.

An multifamily property located at 7102 N 43rd Ave in Glendale, AZ has been sold in a closed transaction. The property consists of 352 units and was sold for a total price of $56,100,000, resulting in a price per unit of $159,375.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $56,100,000
  • Address: 7102 N 43rd Ave, Glendale, AZ
  • Market: Glendale, AZ
  • Buyer: Rise48 Equity - Zach Haptonstall
  • Seller: Sundance Bay LLC - Ryan Baughman
  • Units: 352
  • Price per Unit: $159,375

The buyer, Rise48 Equity, represented by Zach Haptonstall, acquired the property from the seller, Sundance Bay LLC, represented by Ryan Baughman.

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Deals
  • Location
    7102 N 43rd Ave, Glendale, AZ, USA7102 N 43rd Ave, Glendale, AZ, USA
  • Sale Price
    $56,100,000$56,100,000
    $5,667 PPSF$5,667 PPSF
  • Area
    9,898 SF9,898 SF
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

SALE IMAGE: Ryan Baughman & Zach Haptonstall DATE: 10/13/2021 ADDRESS: 7102 N 43rd Ave MARKET: Glendale, AZ ASSET TYPE: Multifamily BUYER: Rise48 Equity - Zach Haptonstall SELLER: Sundance Bay LLC - Ryan Baughman SALE PRICE: $56,100,000 UNITS: 352 ~ PPU: $159,375

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