AHF American Homes Fund Buys 50 SFR Portfolio For $4.4 Million
AHF American Homes Fund Buys 50 SFR Portfolio For $4.4 Million
By Editor | Real Estate Daily News
A multifamily investor, AHF American Homes Fund (USA), LP, an Arizona limited partnership, purchased a 50 Single Family Home Rental Portfolio in Phoenix for $4.4 million ($88,000 per unit). The Phoenix investment is the buyer’s third bulk single-family home purchase in the past 11 months.
The 50 Single Family Home Portfolio is comprised of fifty existing single-family detached homes located throughout metropolitan Phoenix. The rental portfolio consists of three, four and five bedroom homes, all had been recently updated and well maintained. Forty-eight (48) of the homes were rented at time of sale.
Victoria Miachika, Natan Jacobs and Les Litwin, specialized in Multi Family Investment sales and Advisory Services, with the Vestis Group of Phoenix negotiated the sale of the fifty single family home portfolio for the buyer. – more at realestatedaily-news.com
Vestis Group is the broker of choice for individuals and institutions investing in multifamily residential and commercial real estate throughout Metropolitan Phoenix. Our advisors assist clients in the acquisition and disposition of multifamily investment and retail investment assets, including, apartments, bulk condo packages, duplex/triplex/fourplex properties, single-family rental portfolios (SFR Portfolios), income producing single-family investment properties, neighborhood strip centers, retail power centers, retail strip centers, neighborhood grocery, retail PAD and retail shopping centers. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed, and sold thousands of apartments units, condos, single-family homes and home sites.
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