Vestis Group Purchases Melrose District Apartments In Midtown Phoenix

By Mandy Purcell | Commercial Executive Magazine

Vestis Group announces that Principals Natan Jacobs and Les Litwin have completed the sale of Nationwide Apartments, a 12-unit multifamily community located in the trendy Woodlea Melrose neighborhood in Midtown Phoenix, Arizona for $420,000 / $35,000 per unit.

Miguel Loza and Javier Escobedo of Orange County, Calif. sold Nationwide Apartments, located at 4127 N. Ninth Avenue, in the Midtown Phoenix neighborhood of Phoenix to 4127 North 9th Avenue, LLC of Phoenix, Arizona for $420,000/$58.24 per square foot.

Jacobs and Litwin with Vestis Group in Phoenix represented the buyer in the purchase of this Phoenix multifamily property.

Frank Mendivil with Pro-formance Realty Concepts represented the seller. – more at cem-az.com

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