Rich Butler Archives

Marcus & Millichap sells Phoenix multifamily complex

multifamily
by in AZRE Magazine | Multi-Family

The Phoenix office of commercial real estate investment services firm, Marcus & Millichap (NYSE: MMI), completed the sale of The Shorewood, a recently renovated mid-century art deco style apartment building in the Midtown Phoenix corridor. The apartments sold for $2,650,000 or $126,190 a unit, and are located at 3601 N. 5th Ave. in Phoenix. Brian Tranetzki and Rich Butler, multifamily investment… Read More →

Biltmore Courtyard in Phoenix sells for $1.725M

BILTMORE COURTYARD, Marcus and Millichap, WEB
by in AZRE Magazine | Brokerage | In The Spotlight

Marcus & Millichap announced the sale of Biltmore Courtyard, a 23-unit apartment property located in Phoenix. The asset commanded a sales price of $1,725,000 or $75,000 a unit. Brian Tranetzki and Rich Butler multifamily investment specialists in Marcus & Millichap’s Phoenix office had the exclusive listing and negotiated the transaction on behalf of the seller,… Read More →

The Ranch at Midtown sells for $2.56M

The Ranch, WEB
by in AZRE Magazine | Brokerage

Marcus & Millichap announced the sale of The Ranch at Midtown, a 32-unit apartment property located in Phoenix. The asset commanded a sales price of $2,560,000 or $80,000 a unit. Brian Tranetzki and Rich Butler, multifamily investment specialists in Marcus & Millichap’s Phoenix office, negotiated the transaction on behalf of the buyer, a private capital… Read More →

Camelback Springs Sold for $1.9M

Camelback Springs-cut, Marcus & Milli
by in Brokerage

Marcus & Millichap Real Estate Investment Services has announced the sale of Camelback Springs Apartments, a 28-unit apartment community located in the Camelback Corridor in Phoenix, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset commanded a sales price of $1,932,000 or $69,000 per unit. Brian Tranetzki and Rich Butler, multifamily… Read More →