Featured Multifamily Property – January 2016

Our featured multifamily transaction for the month of January is Bowman Place located at 4020 N 11th St in Phoenix. Bowman Place is a 14-unit apartment complex consisting of four single story buildings that were built in 1962 on .99 acres. All the units include two bedrooms and one bathroom. The community includes a pool.

Bowman Place was purchased by Taylor Street Investments on January 15^th for $850,000 or $60,714 per unit. The main contact for Taylor Street Investments is Patrick O’Meara. The Seller was George F and Sandra P Smith.