Pointe Vista Apartments in Phoenix, AZ

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Investment Info:

Large multi-family (5+ units) buy & hold investment in Phoenix.

Purchase price: $24,300,000
Cash invested: $8,760,000

Phoenix, AZ

Acquisition Date : January 2021
Purchase Price : $24.3M
Down Payment and Renovation Costs : $8.76M
Loan : 10-Yr Floating Interest Rate, Non-Recourse Agency Loan
Deal Structure : 506(B) Syndication
Unit Mix : 71 1BR/1BA | 36 1BR/1BA | 33 2BR/2BA | 20 3BR/BA
Projected Hold : 2-5 Years

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