Vestis Group Completes 22-Unit Bulk Condo Sale | Tuckey Downs Phoenix
Vestis Group has announced that Principals Natan Jacobs and Les Litwin have completed the sale of 22-units (bulk condos) of Tuckey Downs Condominium for $1,175,000 / $53,409 per unit.
The buyer, Mor Business/Morris Family Trust, a private investor, purchased 22 of 31 units within the community. The seller was Landsmith at Tuckey Downs, LLC, of Delaware. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the buyer in the sale.
Tuckey Downs is a 31 unit, garden-style condominium community located in north central Phoenix. Built in 1972, Tuckey Downs has a flat roof and concrete-block construction, two-level buildings with townhome style units. Tuckey Downs was renovated in 2007 for a conversion. The unit mix is comprised of 22 two-bedroom / one-and-one-half-bath townhouse-style units of approximately 1,007 square feet. All the units have private backyards/patios, extra storage under the stairs, stackable washer/dryers, spacious kitchens and large closets. Common area amenities include a swimming pool, covered parking, gated courtyard that all condos front doors open to. – more at commercialexecutivemagazine