Phoenix-Based Developer Sells Single-Family Rental Home Community For $25.6 Million
PHOENIX, Oct. 30, 2023 /PRNewswire-PRWeb/ -- Phoenix-based developer Curve Development sold its Cyrene at Estrella single-family rental community, located near Interstate 10 and Estrella Parkway in Goodyear, for more than $25 million today.
- PHOENIX, Oct. 30, 2023 /PRNewswire-PRWeb/ -- Phoenix-based developer Curve Development sold its Cyrene at Estrella single-family rental community, located near Interstate 10 and Estrella Parkway in Goodyear, for more than $25 million today.
- The single-family rental community offers the benefits and privacy of a detached home without the stresses of homeownership.
- The developer sold its Cyrene at South Mountain single family rental community in October 2022.
- The 72-home community sits on 8.9 acres and closed for $35.5 million, garnering $493,000 per door – a milestone transaction for the area.