Marcus & Millichap Arranges The Sale of a 10-Unit Apartment Building

Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Holiday Resort Apartments a 10-unit apartment building for $500,000. The property is located in the Camelback Corridor and is in close proximity to the prestigious Biltmore area, offering convenient access to shopping, dining and other amenities.  State Route 51 is also nearby providing a direct connection to downtown Phoenix, Sky Harbor Airport and other areas of the Valley.

Brian Tranetzki and Richard Butler, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a private investor. 

Holiday Resort Apartments is located at 4226 North 27th Street in Phoenix, AZ and was built in 1971.  This single-story community is block constructed with pitched roofs and individually-metered utilities, is comprised of one studio apartment, eight two-bedroom units and one three-bedroom unit and is situated on approximately 0.57 acres of land. 

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