Vestis Group Completes Sale Of Downtown Tempe Apartments Near ASU
Vestis Group completed the sale of Tempe 8 Apartments, located at 1337 & 1343 West 3rd Street in Downtown Tempe, for $510,000 or $63,750 per unit.
By Natan Jacobs | Vestis Group
(Phoenix – October 3, 2014) – Vestis Group is pleased to announce that brokers Natan Jacobs, Les Litwin and Victoria Miachika have completed the sale of Tempe 8 Apartments, an 8-unit multifamily community located in the Sunset neighborhood in Downtown Tempe, Arizona for $510,000 / $63,750 per unit.
AHF American Homes Fund (USA), LP of Scottsdale, Arizona sold Tempe 8 Apartments, located at 1337 & 1343 W 3rd Street, in the Sunset neighborhood of Tempe to a private investor from Phoenix, Arizona for $510,000. Natan Jacobs, Les Litwin and Victoria Miachika with Vestis Group in Phoenix represented the Seller in the sale of this Tempe multifamily property. Terra Morales with Realty One Group in Phoenix represented the Buyer.
Tempe 8 is located at 1337 & 1343 West 3rd Street in Tempe, Arizona. The property is situated in a rapidly expanding Tempe student housing neighborhood with high barriers to entry. The property is located at the corner of 3rd Street and Priest Drive. Tempe 8 is within walking distance to Arizona State University, Mill Avenue, Tempe Town Lake, Orbit Shuttle and the Valley Metro Light Rail. The property is situated in a residential neighborhood within close proximity to the Loop 202 Freeway, allowing easy access to Sky Harbor International Airport, Downtown Phoenix, Scottsdale, Mesa, the valley freeway system and numerous employers.
About Vestis Group
Vestis Group is a leading Multi Family Investment sales and Advisory Services firm with a proven track-record of providing value added brokerage services coupled with innovative and ongoing real estate investment strategies.
We specialize in Phoenix Apartments For Sale.
Our mission is to ensure that owners and investors receive the most efficient research, marketing, real estate consultation and transaction services available. We pride ourselves on our ability to deliver added value to our clients by building uncompromising and long-lasting relationships with our partners.
Vestis Group serves multi family owners and investors with a full suite of commercial real estate services, including Buyer Representation, Project Marketing & Sales, Asset Management, Condominium Association Management, Project & Development Services, Research, Consulting and Investment.
For more information, please contact Vestis Group at 602-281-6202 or Email Us.