SOLD! Encanto Park Apartments - 29 Units - $2,200,000

We are pleased to announce the sale of Encanto Park Apartments in Phoenix, Arizona.

Encanto Park Apartments sold for $2,200,000.

Joseph Chaplik represented the Buyer.

 

Sale Notes:

-Interiors partially renovated

-Great central Phoenix location

-Value-add opportunity in rising submarket

-1031 buyer from CA

-6% cap rate based on actual income at time of close

 

For more information about this sale, please call (480) 305-5600.