Vestis Group Completes 26-Unit Bulk Condo Sale of Mountain Springs Terrace
FOR IMMEDIATE RELEASE – June 18, 2012
Vestis Group Completes 26-Unit Bulk Condo Sale of Mountain Springs Terrace in Phoenix, AZ
(Phoenix – June 18, 2012) – Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of 26-units (bulk condos) of Mountain Springs Terrace Condominium for $663,000 / $25,500 per unit.
The buyer, ARKS LLC, a Calgary-based investor, purchased 26 of 122 units within the community. The seller was Charles Shafer II Investments LLC, of Colorado. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the seller in the sale.
Mountain Springs Terrace, a 122-unit garden-style condominium community, located at 18202 North Cave Creek Road in Phoenix, AZ, was built in 1983. Mountain Springs Terrace offers spacious one-bedroom / one-bath condos of approximately 608 square feet, two-bedroom / one-bath condos of approximately 836 square feet and two-bedroom / two-bath condos of approximately 836 square feet in North Central Phoenix. Amenities include: Updated Kitchens and Bathrooms, Gated Community Pool, Dramatic Mountain Views (some units), Large Closets/Storage, Private Balconies/Patios and Laundry Facilities.
Mountain Springs Terrace is located in North Phoenix with major-street frontage along Cave Creek Road. The Property enjoys easy access to the Loop 101 and SR-51 Freeways, Cave Creek Road (major North/South thoroughfare) and Union Hills Drive (major East/West thoroughfare). Paradise Valley Community College is located a mile east of the Property on Union Hills Drive. Mountain Springs Terrace is on the Valley Metro Bus Line and Residents enjoy close proximity to shopping and entertainment with Desert Ridge Marketplace and City North located nearby. Grovers Park, a City of Phoenix park, is located within walking distance to the Property and has a dog park.
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.
We specialize in Phoenix Apartments For Sale.
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 multifamily owners and investors with a full suite of commercial real estate services, including Buyer Representation, Tenant Representation, Project Marketing & Sales, Asset Management, Project & Development Services, Research and Consulting.
Search here for Phoenix Multifamily For Sale, Arizona Land for Sale or Phoenix Commercial Real Estate For Sale.
View our Arizona Apartment Brokerage & Management Services or our Multi Family Residential Investments.
For more information, please visit: www.Vestis-Group.com.
Aw, this was a very nice post. In thought I want to put in writing like this moreover – taking time and actual effort to make a very good article… however what can I say… I procrastinate alot and certainly not seem to get something done.
Great post. I am facing a couple of these problems.
I was more than happy to seek out this internet-site.I needed to thanks on your time for this glorious read!! I undoubtedly having fun with each little little bit of it and I’ve you bookmarked to check out new stuff you weblog post.
Your style is so unique compared to many other people. Thank you for publishing when you have the opportunity,Guess I will just make this bookmarked.2
tadalafil 40 https://elitadalafill.com/ buy tadalafil
sildenafil generic for sale https://eunicesildenafilcitrate.com/ sildenafil india
injectable erectile dysfunction drugs https://alprostadildrugs.com/ alprostadil injection video
vardenafil 40 mg generic https://vegavardenafil.com/ vardenafil 20mg
I believe you have noted some very interesting details, appreciate it for the post.
I was looking through some of your articles on this website and I think this web site is very instructive! Retain posting.