Embrey Partners Sells 319-Unit The Flats at SanTan in Metro Phoenix

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Rebusiness Online | Amy Works in Aquisitions, Arizona, Multifamily, Western

GILBERT, ARIZ. — Embrey Partners has completed the disposition of The Flats at SanTan, an apartment community located at 2550 S. Santan Village Parkway in Gilbert. Weidner Apartment Homes acquired the 319-unit property for an undisclosed price.

Built in 2018 and situated on 10 acres, The Flats at SanTan features eight residential buildings, attached and detached garages, leasing office, clubhouse, fitness center, heated pool, spa, outdoor yoga courtyard, Wi-Fi lounge with computers and printers, dog park, dog wash, outdoor kitchen, grilling areas and fire pit.

Steve Gebing and Cliff David of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal.