Marcus & Millichap Arranges $4.1M Sale of Youngtown House Apartments in Suburban Phoenix
YOUNGTOWN, ARIZ. — Marcus & Millichap has negotiated the sale of Youngtown House Apartments, a multifamily property located at 11141 W. Arizona Ave. in Youngtown, a city 20 miles northwest of Phoenix. An undisclosed buyer acquired the community for $4.1 million, or $64,063 per unit.
Built in 1970, Youngtown House Apartments features 64 units and is close to a variety of retailers, including Fry’s Food and Drug, Taco Bell, Subway, Starbucks Coffee and QuikTrip.
Rich Butler and Sean Connolly of Marcus & Millichap represented the buyer and undisclosed seller in the deal.