Berkadia Completes $10.525M Sale of Phoenix Multifamily Property

Berkadia today announced the sale of Via 21, a 68-unit multifamily property located at 4111 North 21st Street, Phoenix, AZ 85016.

Senior Managing Director Mark Forrester, Managing Director Ric Holway, Senior Director Dan Cheyne, and Associate Tom Wolff of the Berkadia Phoenix office exclusively listed the property for the seller, Verandas-Phoenix LLC, a Washington limited liability company. The buyer, Granger 180, LLC, a California limited liability company acquired the property and was represented by Allen Chitayat, Senior Director of Berkadia’s La Jolla, California office.
Via 21 represented a truly rare boutique fully renovated multifamily community in the Biltmore submarket of Central Phoenix. The buyer was attracted to the over-sized floor plans with full-size side-by-side washer and dryers, according to Dan Cheyne of the Phoenix Berkadia Office.

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