FOR IMMEDIATE RELEASE – July 10, 2013
Vestis Group Brokers Sale Of Grandview Terrace Apartments in Phoenix
(Phoenix – July 10, 2013) – Vestis Group is pleased to announce the completed sale of Grandview Terrace Apartments, a 36-unit multifamily property, located at 2424 East Grandview Road in Phoenix, Arizona, for $1,350,000 / $37,500 per unit.
Woodridge Manor Holding, Inc. sold the Grandview Terrace Apartments in Phoenix to Wiliam & Cynthia Jarvis from Hawaii for $1,350,000. Natan Jacobs and Les Litwin of Vestis Group represented the Seller in the sale of this Phoenix apartment complex. Rick Horst of Keller Williams Arizona Realty represented the Buyer. The new owner plans to hold the recently renovated apartments long term.
About Vestis Group:
Vestis Group is a leading multifamily investment sales and advisory services firm with a proven track-record of providing value added brokerage services coupled with innovative and ongoing real estate investment strategies. Our mission is to ensure that owners and investors receive the most efficient research, marketing, real estate consultation and transaction services available. We pride ourselves on our ability to deliver added value to our clients by building uncompromising and long-lasting relationships with our partners.
Vestis Group serves multi-family owners and investors with a full suite of commercial real estate services, including Buyer Representation, Project Marketing & Sales, Asset Management, Condominium Association Management, Project & Development Services, Research and Consulting.
For more information, please visit: www.Vestis-Group.com.