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California investor purchases $2.3 million apartment community in Florence

California investor purchases $2.3 million apartment community in Florence

Commercial Executive Magazine

CBRE has completed the sale of a single-story, 56-unit multifamily community located at 440 Florence Heights Dr. in Florence, Arizona. Fullerton, California-based Hyperion Group, LLC, a first-time out-of-state investor, purchased the property for $2.3 million from TND Holdings, LLC.

Brian Smuckler and Jeff Seaman with CBRE Multifamily Investment Properties in Phoenix represented the buyer and seller.

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Pinal Partnership's Mission Improve research, planning and coordination of private and public efforts related to infrastructure, natural resources and community development in Pinal County.

P.O. Box 904, Florence, AZ 85132
Harold Christ, President & CEO:
602-810-7448
Melissa Johnson, Executive Director:
602-459-5265

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