Tuesday, August 11, 2015

The Villages at Metro Center Sells for $19 Million

Area Map

The 290-unit apartment complex The Villages at Metro Center sold yesterday for a total price of $19 million, or $65,517 per unit. It is located northwest of the Dunlap I-17 exit ramp, just west of Metrocenter Mall. California investor Jeffrey M Ctvrtlik purchased the property from Bertram Partners, funded by a $14.834 million Freddie Mac loan, originated with CBRE Capital Markets.

The Villages at Metro Center consists of twenty-one buildings built 1974 and has a diverse unit mix including studios, one, two, and three-bedroom floorplans.

For more information on this property including complete history and unit mix, visit us at our website or send us an email. We're happy to hear from you!


No comments:

Post a Comment

Sponsered Ad