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5/11/12
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West Town Court, a 274-unit apartment community located at 8400 West Virginia Ave in Phoenix, sold for $21.65 mil ($79k/unit). Built in 2009, West Town Court contains 138 one-bedroom, 120 two-bedroom, and 16 three-bedroom units. The community is located in West Phoenix, near the junction of the Loop 101 and Interstate 10 freeways, placing residents close to shopping, services, and major employers.
Mark Forrester and Ric Holway of the Phoenix office of Hendricks & Partners represented the seller, West Town Court LLC, a Delaware limited liability company of Denver, CO. The buyer was ROC II AZ West Town Court, LLC, a Utah limited liability company of Murray, UT.
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