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 Community Trades for $31 Mil

12/23/19

Revival Biltmore, a 258-unit apartment community in Phoenix, sold for $31.25 mil, or $121k/unit, in an all-cash transaction.

Units at Revival Biltmore include efficiency, studio, one-bedroom and two-bedroom plans. The apartments offer modern amenities such as upgraded cabinets, flooring, and fixtures and stainless-steel appliances. The community features beautiful landscaping, picnic areas, glistening swimming pools, guest parking, easy access to freeways and shopping, as well as access to public transportation.

Located at 2911 E. Indian School Rd, Biltmore Revival is in a high-demand rental market where rents increased 10.5% over the last year, according to CBRE Research. The property is situated near Arizona State Route 51, Interstate 10 and the Loop 202 freeway, which provide access to the greater Phoenix metro.

Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke with CBRE represented the buyer, LP.PBV-2911 East Indian School Road LP, and the seller, Revival Biltmore, in the transaction.





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