Harder Development Spends $372,000 For Roosevelt 11 Office Building
By Editor | Real Estate Daily News
Phoenix, AZ– Ronald Yenney of Ephrata, Washington sold the Roosevelt 11 office building, located at 1018 West Roosevelt Street, in Downtown Phoenix to Harder Development in Phoenix, Arizona for $372,000 ($74 PSF).
The 5,028 square feet, single-level, freestanding office building is located in Downtown Phoenix, near the Roosevelt District and Copper Square, at the northeast corner of Roosevelt Street and 11th Avenue, near ASU Downtown Phoenix Campus, Light Rail, Metro 12 Condos, The Vig Fillmore, sports venues, cultural arts, nightlife and fabulous restaurants. The Roosevelt 11 property is located in a quiet residential neighborhood within close proximity to 7th Avenue, a major north-south thoroughfare, and the I-10 Freeway, allowing easy access to Sky Harbor International Airport, Camelback Corridor, Scottsdale, Tempe, the valley freeway system and numerous employers.
Natan Jacobs, Les Litwin and Victoria Miachika with Vestis Group in Phoenix represented the seller in the transaction. Matt Seaman with CK Property Management, LLC of Scottsdale represented 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.