The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 29, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



TEXAS/SOUTHWEST NEWS
Printer-friendly Version   Email an Associate
Phoenix Res Property Traded in $12 Mil Deal

3/07/17

R&V Management Corporation purchased The Monarch, a 120-unit multifamily property in Phoenix, for $12.05 mil, or $100.4k/unit. The property is located at 77 West Coolidge St, in the highly sought after Uptown neighborhood in Central Phoenix.

Monarch was built in 1974 and offers both one-and two-bedroom floor plans. The community is located on the Metro Light Rail and offers an urban walkable renting experience.

The property represents a rare, un-renovated Class “B” apartment community in Phoenix’ Uptown neighborhood. The buyer plans to upgrade the apartment homes as well as the community amenities.

Mark Forrester, Ric Holway, Dan Cheyne and Tom Wolff with Berkadia represented the seller, B.H. Monarch LLC, a California limited liability company. The buyer, R&V Management Corporation, is a California corporation.





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 © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media