Pasadena Apartments | Vestis Group | Phoenix Multifamily Sale

Vestis Group Completes Pasadena Apartments Sale In Midtown Phoenix

Vestis Group Completes Pasadena Apartments Sale In Midtown Phoenix

By Sarah Stecko | Commercial Executive Magazine

Vestis Group is pleased to announce that Brokers Natan Jacobs, Les Litwin and Victoria Miachika have completed the sale of Pasadena Apartments, a 9-unit multifamily community located at 302 West Pasadena Avenue, in central Phoenix, Arizona for $650,000 or $72,222 per unit.

Pasadena Apartments is a garden-style, one-story, multifamily community located in the trendy Medlock Place Historic District in Midtown Phoenix, just north of Camelback Road, west of Central Avenue, east of 7th Avenue (Melrose On 7th), near Park Central Mall, Phoenix College, St. Joseph’s Hospital and Medical Center, Carl T. Hayden VA Medical Center, and boutiques and popular eateries such as The Newton, QCumberz, Retro Ranch, Paris Envy, Flo’s On 7th, Figs Home & Garden, Halo Animal Rescue Thrift Boutique, Melrose Vintage, Southern Rail, Copper Star Coffee, Gadzooks, and Taco Guild.

Built in 1959, Pasadena Apartments has a pitched roof and concrete-block construction, single-level buildings. The unit mix is comprised of five (5) one-bedroom / one-bath units of approximately 720 square feet, four (4) two-bedroom / one-bath units of approximately 915 square feet and one (1) two-bedroom / two-bath unit of approximately 922 square feet. Common area amenities include laundry facilities, covered parking and mature landscaping. The property owner is responsible for the cost of water, sewer, and trash pickup, and the residents are responsible for the cost of electricity in their units, including the cost of heating and air conditioning.

The buyer, a private investor from California, purchased the property as a long term investment. The seller, Russell Ruhr, is from Vancouver, British Columbia, Canada. The Phoenix based Vestis Group multifamily brokerage team of Natan Jacobs, Les Litwin and Victoria Miachika represented the buyer in the transaction. The seller did not utilize third party representation.  – more at cem-az.com

 

11 replies
  1. elementor wordpress tutorial says:

    I truly wanted to compose a brief message in order to express gratitude to you for these stunning tips and hints you are sharing here. My rather long internet research has at the end been compensated with professional know-how to write about with my relatives. I would declare that we site visitors are undeniably lucky to live in a decent site with many awesome individuals with insightful guidelines. I feel truly grateful to have come across your entire webpages and look forward to some more entertaining moments reading here. Thank you once more for a lot of things.

  2. Casey Fasy says:

    I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…

  3. zortilonrel says:

    When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three e-mails with the same comment. Is there any way you can remove me from that service? Many thanks!

Trackbacks & Pingbacks

  1. … [Trackback]

    […] Find More Information here on that Topic: vestis-group.com/vestis-group-completes-pasadena-apartments-sale-in-midtown-phoenix/ […]

  2. … [Trackback]

    […] Read More Info here on that Topic: vestis-group.com/vestis-group-completes-pasadena-apartments-sale-in-midtown-phoenix/ […]

  3. … [Trackback]

    […] Read More here on that Topic: vestis-group.com/vestis-group-completes-pasadena-apartments-sale-in-midtown-phoenix/ […]

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.