102-apartment complex in Flagstaff sells for nearly $12 million

AZRE 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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102-apartment complex in Flagstaff sells for nearly $12 million

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Continued:

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102-apartment complex in Flagstaff sells for nearly $12 million

<img decoding="async" class="alignleft size-full wp-image-20341" alt="Timberline Place" src="https://s4745.pcdn.co/wp-content/uploads/2014/01/Timberline-Place-.jpg" width="250" height="188" />AZRE Magazine

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