Regions Southwest | Phoenix
Phoenix Apartment Property Fetches $10M
Aug 8, 2008

Ownership of Brookside, a 203-unit multi-family property in Phoenix, has just come under new ownership courtesy of a transaction valued at $10.3 million. Brookside Properties L.L.C. snapped up the apartment complex from Brookside-Premier L.L.C. Carrying the address of 6131 W. Thomas Rd., Brookside occupies a nearly seven-acre parcel surrounded by highways and located within close proximity to the 1 million-square-foot Desert Sky Mall and Cricket Pavilion Amphitheater. Developed in 1984, the property encompasses approximately 137,400 square feet. Marcus & Millichap Real Estate Investment Services' national multi-housing group orchestrated the transaction, representing both the seller and the buyer, and announced the transaction.

 
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