The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 31, 2020
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
AZ Res Property Trades for $30 Mil


Ridge View, a 150-unit luxury apartment community in Fountain Hills, AZ, was acquired by an entity formed by San Francisco-based FPA Multifamily LLC for $30.3 mil, or $202k/unit. The property was sold by San Francisco-based 29th Street Capital and Phoenix-based Clear Sky Capital.

Ridge View is a recently renovated, garden-style community featuring a mix of large two-bedroom floor plans. Unit interiors, many of which have been recently upgraded, offer full-size washer/dryers, 9-foot ceilings, custom two-tone paint, gourmet kitchens, granite countertops, black or stainless steel appliances, kitchen islands, walk-in closets, wood-style plank flooring, ceiling fans, bathroom vanities and private patios/balconies.

Renovations and improvements were also completed to the common area amenities, landscaping and building exterior providing residents a newly renovated swimming pool, spa, outdoor fire pit, gas and charcoal BBQ grills, clubhouse, business/computer center, fitness center and covered parking.

David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented the seller in the deal.

Return to the Archive page




Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2020 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media