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Rio Santa Fe

SOLD 2018

1600 W. 12th Street Yuma, AZ 85364

Description

Paul Ash Management Company, LLC is pleased to announce the $19,500,000 / $62,500 Per Unit sale of the Rio Santa Fe Apartments located in Yuma, Arizona. Rio Santa Fe Apartments is a 312-unit garden-style apartment community developed in 1992 and located in Yuma, AZ.
“Rio Santa Fe Apartments is located near I-8/SR-95 interchange, which connects the area to San Diego and Phoenix,” states Alon Shnitzer, Senior Managing Partner at ABI, who along with Rue Bax and Eddie Chang were the lead brokers for this transaction. “The property is the 2nd largest, by number of units, in the city of Yuma and was well maintained and operated by the selling entity for the duration of their 20+ year hold.”
The Buyer is a private multifamily investor based in Arizona.
The Seller, 2000 Yuma Apartment Properties, LP is a partnership formed by Paul Ash Management Company.
The multifamily brokerage team of Eddie Chang, Alon Shnitzer, Rue Bax, John Kobierowski and Doug Lazovick represented both the Buyer and Seller in this transaction.

 

Price

Unit Features

  • Ceiling Fans
  • Central AC & Heating
  • Dishwasher
  • Extra Storage
  • Full-Size Washer/Dryer Hook Up
  • High Ceilings
  • Private Patio / Balcony
  • Spacious Closets

Community Features

  • Clubhouse
  • Laundry Facilities
  • Playground / Park
  • Sports Complex
  • Swimming Pool

Floor Plans

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