CBRE has arranged the sale of IMT Deer Valley Village, an 832-unit institutionally-maintained multifamily community located at 3010 W. Yorkshire Drive in Phoenix, AZ. West Palm Beach, FL-based Priderock Capital purchased the property from San Francisco, CA-based IMT Capital. Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch with CBRE’s Phoenix office represented the seller in the transaction.
Built in two phases in 1996 and 2000, IMT Deer Valley Village is a highly amenitized garden-style multifamily community featuring expansive lawns, three resort-style swimming pools with spas, two upscale clubhouses, two fully-equipped fitness centers and a dog park. Spacious one-, two- and three-bedroom floor plans have nine-foot ceilings (Phase II), well-appointed kitchens, walk-in closets, washer/dryers and private patios/balconies. The community has mostly original finish levels throughout.
IMT Deer Valley Village is in the center of the Deer Valley Airpark employment corridor, which boasts a large concentration of corporate and healthcare employers including USAA, American Express, PetSmart Global Headquarters and Honor Health Deer Valley Medical Center. Residents have immediate access to the Loop 101 and Interstate-17 freeways as well as over 500,000 square feet of retail amenities within walking distance of the community.