Vestis Completes Sale Of 50 Single Family Home Portfolio

Vestis Completes Sale Of 50 Single Family Home Portfolio

By Mandy Purcell | Commercial Executive Magazine

Vestis Group is pleased to announce that brokers Victoria Miachika, Natan Jacobs and Les Litwin have completed the sale of fifty single family homes (50 Single Family Home Portfolio) in Phoenix for $4.4 million or $88,000 per unit.

The buyer, AHF American Homes Fund (USA), LP, an Arizona limited partnership, purchased the Phoenix Single Family Rental Portfolio. The seller was MGF Funding, Inc. of Mesa, Arizona. Victoria Miachika, Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the buyer in the sale. – more at cem-az.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.

You might also like