Capstone has closed the sale of Arizona Ridge, a 24,960 sq ft multifamily property for the sale price of $6,000,000. Sean Holamon of Capstone represented the Buyer on this transaction.
Built in 2013, the 24-unit property offers spacious two bedroom/two bath units with off street parking available. All units have balcony/patio, gas fireplace and washer and dryer hook ups.
15504 East Arizona is conveniently located off Arizona Ave and South Chambers Road. A five-minute walk to Village Green Plaza shopping center and a ten-minute walk to Village Green Park.
Buyer plans on renovating the units to increase overall revenue in order to reach their return expectations.
Please call or email today to find out how we are different than the average apartment advisors.
About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
