Phoenix & Southwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Phoenix & Southwest  + Phoenix  + Apartments  | 

North Phoenix Multifamily Community Sells for $58.1M

A 180-unit apartment community has sold in Phoenix for $58.1 million, according to a news release from Cushman & Wakefield, who brokered the sale of Cantamar Apartments.

The multifamily community is located in North Phoenix at 16630 N 43rd Ave. Orange County, Calif.-based SB Real Estate Partners and Los Angeles-based Marble Partners acquired the property from Cantamar Apartments Associates LLC.

David Fogler and Steven Nicoluzakis with Cushman & Wakefield’s Multifamily Advisory Group in Phoenix represented the seller in the transaction, per the release.

Cantamar is an all two-story community offering one, two and three-bedroom floorplans, with air conditioning, 9-foot ceilings, patio/balconies, walk-in closets and pet friendly units. On-site amenities include a resort-inspired pool/hot tub, clubhouse, and fitness center.

The location is convenient to the 101 and I-17 freeways as well as shopping, dining, recreation and entertainment options including Arrowhead Town Centre. There are also several major employers closely accessible.

Connect

Inside The Story

Cantamar Apartments

About Jason Middleton

Step 1: Select Education
  • ◦Sale/Acquisition
AshcroftCapital-07-cube
New call-to-action
NewPoint-07-cube