Biltmore Vista Townhomes Sold for $5.5 Million
PHOENIX –TriTex Real Estate Advisors II, Inc. of Atlanta, Ga. has paid $5.5 million for the sale of Biltmore Vista Townhomes, located at 2323 E. Flower St. in Phoenix. The property was owned by LWH AZUL 24, dba Sheiner Group, of Westmount, Quebec, Canada.
The property, which was built in 1973, contains 114 units and was 93 percent occupied at the time of the sale. The sale price brought $48,246 per unit, which equates to $53.40 per square foot.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
