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Updated over 6 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Property Manager
  • from Northeast Indiana
  • Member since Dec 29, 2013
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Property Manager
  • from Northeast Indiana
  • Member since Dec 29, 2013
Connect
Account Closed
  • Property Manager
  • Northeast Indiana
38
Votes |
46
Posts
Buying & Selling Real Estate

$111,000 per unit in Chandler AZ?

Account Closed
  • Property Manager
  • Northeast Indiana
Posted

Just saw a deal close brokered by CBRE in Chandler AZ:

$1.7m for 16 units, or $111k / unit. The buyer is planning a re-position / value add strategy so it's not currently in Class A condition.

Is this the going rate in Chandler AZ right now for a value add deal? For anyone there local or familiar with the market, just curious. 

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