November 22, 2024 7:21 am
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102-apartment complex in Flagstaff sells for nearly $12 million

Timberline PlaceAZRE Magazine

Cassidy Turley sold 102 Class-A units at the Timberline Place condominium community located in Flagstaff.  Clear Sky Timberline LP, an entity formed by Clear Sky Capital (Marcus Kurschat), a Phoenix based company purchased the property for $11.825M ($115,931 per unit).  Executive Managing Directors David Fogler and Steven Nicoluzakis, with Cassidy Turley Arizona’s Multi-Family Investment Group, brokered the transaction.  The seller was SWRE Deal IV, LLC, an entity formed by Phoenix based ViaWest Properties (Gary Linhart, Steven Schwarz).

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