Vestis Group Brokers 56-Unit Mesa Arizona Multifamily Apartment Community for $3,400,000
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Vestis Group
Phone: 602.281.6202
Company Website: Vestis-Group.com
VESTIS GROUP BROKERS 56-UNIT MESA ARIZONA MULTIFAMILY APARTMENT COMMUNITY FOR $3,400,000
Vestis Group negotiated the off-market sale of Sunpoint located at 215 West Brown Road in Mesa, Arizona.
(Phoenix – December 20, 2024) – Vestis Group, a commercial brokerage and investment firm, is pleased to announce the $3,400,000 / $60,714 Per Unit / $90.13 Per SF sale of Sunpoint, a 56-unit multifamily apartment community located in Mesa, Arizona. Vestis Group’s Natan Jacobs represented the Buyer in this transaction.
The Buyer is based in Scottsdale, Arizona. The Seller is based in Chicago, Illinois.
Originally built in 1977, Sunpoint is a garden-style property consisting of 56 units. The property features an attractive unit mix of studio units, one-bedroom / one-bathroom units, and two-bedroom / one-bathroom units with a weighted average of 674 square feet. Community amenities include a pool, shuffleboard, an on-site laundry facility, separate clubhouse, additional storage options, and covered parking.
The property is conveniently located by schools (Arizona State University), parks (Pioneer Park & Riverview Park), gas stations, groceries, eateries, shopping centers (Mesa Riverview & Tempe Marketplace), Cubs spring training facility, Arizona Museum of Natural History, and major employers (Carvana, State Farm, Freedom Financial, etc.).
Vestis Group (https://vestis-group.com/) is the broker of choice for individuals and institutions investing in multifamily, residential and commercial real estate throughout the Phoenix Metropolitan Area and across the state of Arizona. Our advisors assist clients in the acquisition, disposition, leasing and asset management of multifamily, residential and commercial investment assets, including, apartments, retail, office, industrial, residential income and single-family investments. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed, and sold thousands of apartment units, condos, single-family homes and home sites.
Thinking about investing in Phoenix real estate? Have a property to sell in Arizona? Tell us what you’re searching for. Connect with us to buy, sell, or lease multifamily, residential and commercial real estate in Phoenix, and across Arizona. Let’s work together.
Natan Jacobs, Vestis Group
Call: 602-281-6202
Email: Info@Vestis-Group.com
