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Updated about 4 years ago on . Most recent reply

Zach Haptonstall's profile image
Zach Haptonstall's profile image
Zach Haptonstall
  • Investor
  • from Scottsdale, AZ
  • Member since Sep 7, 2019
  • Posts 25
  • Votes 20
  • Experience 9 Yrs
  • Investments 59
Connect

User Stats

25
Posts
20
Votes
Zach Haptonstall's profile image
Zach Haptonstall's profile image
Zach Haptonstall
  • Investor
  • from Scottsdale, AZ
  • Member since Sep 7, 2019
  • Posts 25
  • Votes 20
  • Experience 9 Yrs
  • Investments 59
Connect
Zach Haptonstall
  • Investor
  • Scottsdale, AZ
20
Votes |
25
Posts
Real Estate Deal Analysis & Advice

Pointe Vista Apartments in Phoenix, AZ

Zach Haptonstall
  • Investor
  • Scottsdale, AZ
Posted

Investment Info:

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

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

POINTE VISTA
160 UNITS
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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