Southwest Equity Partners recently paid $15 million to purchase a 198-unit multifamily community in Peoria, Ariz. The property, Northwest Garden, is located at 9350 North 67th Ave. and totals 159,078 square feet. Holualoa, a Tucson-based investment company, sold the asset at a price that represents $75,758 per unit. Among the property's 13 two-story buildings are 67 one-bedroom/one-bath units, 64 two-bedroom/one-bath units and 67 two-bedroom/two-bath units spread across nearly 9.8 acres. Community amenities include swimming pools, heated spa, clubhouse with kitchen, laundry facilities, and recreation room with billiard table and outdoor barbecue areas. ...
by Andrew Wetzel | on Mar 22, 2017
by Brad Inman | 2 days
by Brad Inman | on Mar 21, 2017