Vestis Group negotiated the off-market sale of Sunpoint, located at 215 West Brown Road in Mesa, Arizona.

Phoenix – February 3, 2025 – Vestis Group, a commercial brokerage and investment firm, is pleased to announce the $3,400,000 / $60,714 Per Unit / $90.13 Per SF sale of Sunpoint, a 56-unit multifamily apartment community located in Mesa, Arizona. Vestis Group’s Natan Jacobs represented the Buyer in this transaction.

The buyer is based in Scottsdale, Arizona. The seller is based in Chicago, Illinois.

Originally built in 1977, Sunpoint is a garden-style property with 56 units. The property features an attractive unit mix of studio, one-bedroom / one-bathroom, and two-bedroom / one-bathroom units with a weighted average of 674 square feet. Community amenities include a pool, shuffleboard, an on-site laundry facility, a separate clubhouse, additional storage options, and covered parking.

The property is conveniently located near schools (Arizona State University), parks (Pioneer Park & Riverview Park), gas stations, groceries, eateries, shopping centers (Mesa Riverview & Tempe Marketplace), the Cubs spring training facility, the Arizona Museum of Natural History, and major employers (Carvana, State Farm, Freedom Financial, etc.).   – more at realestatedaily-news.com

 

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Natan Jacobs, Vestis Group

Call: 602-281-6202

Email: Info@Vestis-Group.com