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Willow Springs Apartments sells for $13M

Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot). Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities include walk -in closets, dishwashers, storage rooms and priv...

Colliers International Completes $13M Sale of 468-Unit Willow Springs Apartments in Phoenix, Arizona

PHOENIX, AZ - Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot).Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities inclu...

LIVE to Kick Off in Brooklyn This Weekend

APARTMENT SESSIONS SEASON ONE: LIVE to Kick Off in Brooklyn This Weekend" height="210" src="https://images.bwwstatic.com/columnpic8/2A3B75DEB-B48C-91A0-29A9BDE35CF4211B.jpg" width="280" /> Apartment Sessions has announced their first live concert- Apartment Sessions Season One: Live - on Sunday, August 27th, live-streamed for free from an apartment in Brooklyn. The concert features musical direction by Luke McGinnis, with arrangements/orchestrations by McGinnis, Drew Krasner and Evan Tyor. All proceeds from live- stream benefit El Refugio , a non- profit organization providing support to detained immigrants in the Stewart Detention Center in Lumpkin, GA. Apartment Sessions is a Brooklyn- based multimedia artist collective , created by Luke McGinnis and Evan Tyor (co-produced by Liz Maney and Alberto Ruiz) that releases bi-monthly videos of original arrangements with a rotating ensemble of NYC and New England- based professional musicians . T...