Infill Housing Slated For Phoenix Parcels

Infill Housing Slated For Phoenix Parcels

By Mike Sunnucks | Phoenix Business Journal

Mode Apartments + Homes has bought a half-acre of land in central Phoenix for $365,000.

It is part of the Phoenix development firm plans on build 14 townhome-style units at properties near 30th and 21st streets near Indian School Road.

The half-acre purchased is near Fairmount Avenue and 30th Street.

Mode is an arm of Vestis Group which helped broker the sale.

The seller was Jeffrey Lycans of Gilbert. He was represented by Sterling Fine Properties Nick Bardyga.

Vestis’s Natan Jacobs, Les Litwin and Chad Barber struck the deal.

“We are planning on building a six single-family attached home subdivision on the 30th Street site and an 8 single-family attached home subdivision on the 21st Street site,” Jacobs said.  – more at bizjournals.com