A highly desirable apartment complex in Gilbert has recently been sold for an impressive $300,000 per unit. The newly constructed Elevation at the Village is a luxurious garden-style multifamily community located within the popular San Tan Village shopping center. The property was acquired by Can-Am from developer Vedura Residential for a total of $66.5 million.
Leading the sale was Steven Nicoluzakis and his team at Cushman Wakefield, who represented the seller. With its attractive amenities, skilled workforce, renowned employers and top-rated schools, Gilbert is widely recognized as one of the best places to live in this region. Elevation at the Village offers residents a superior lifestyle experience with its prime location next to SanTan Village – one of Southeast Valley’s premier shopping destinations.
Elevation at the Village boasts private patios or balconies with secure storage (available in most units), smart home technology packages and assigned covered parking spaces for added convenience. Residents can also enjoy resort-style living with access to a lavish pool featuring private cabanas, an advanced two-level fitness center and an expansive clubhouse perfect for entertaining guests.
This recent transaction marks another successful deal on Connect CRE’s record-breaking portfolio.
