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Vestis Group
Phoenix, AZ
Staff
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Cheryl Edwards
Investment Sales
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Natan Jacobs
Principal, Designated Broker
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Les Litwin
Principal
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Victoria Miachika
Investment Sales
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Vestis Group


Summary

Location:
4331 North 12th Street, Suite 101, Phoenix, AZ, 85014
Phone Numbers:
Office: +1(602) 281-6202   Fax: +1(602) 283-4619  

About Vestis Group

Vestis Group provides full service solutions with specializations in Brokerage, Investment, Asset Management and Association Management.  
     
      OVERVIEW  
          Vestis Group is a privately-owned, fully-integrated real estate firm focused on acquiring, owning, developing, managing and selling multifamily investment properties across Arizona. In the field of housing, Vestis Group’s principals have developed, built, rehabilitated, constructed, improved, managed and sold thousands of apartments, condos, single-family homes and home sites.
         
          STRENGTHS  
            • Owner Mentality
            • Performance-Driven Perspective
            • Customer-Centric Focus
            • In-Depth Market Knowledge
            • Proactive Risk Management
             
              VESTIS GROUP AT A GLANCE  
                • Headquartered in Phoenix, Arizona.
                • Active, broker, investor, owner/operator and seller across 7 cities and 2 metropolitan markets.
                 
                  BUILDING LONG-TERM RELATIONSHIPS WITH OUR PARTNERS  
                      Vestis Group brings the spirit of partnership to each assignment we undertake and we are dedicated to producing consistent opportunities that are best suited for our partners. Vestis Group also participates in ownership, ensuring an ongoing, long-term vested approach. Our integrity, work ethic and expertise in multifamily real estate will maximize the value of your multifamily apartment investment and condominium communities.
                     
                      Vestis Group’s integrated companies provide clients with unequaled expertise in multifamily apartment investment and condominium communities. We focus on being the partner you trust most with your acquisitions, dispositions, management and investments in multifamily apartment investment and condominium communities. We are invested in exceeding our partners’ expectations.
                     
                      ON THE WEB  
                         

                          Haves By Vestis Group

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                          2090 East Apache Boulevard, Tempe, AZ, 85281, USA
                          Multifamily Land For Sale In Tempe AZ On Light Rail Line Near ASU   Tempe Multifamily Land, 29,619 SF (Land) ...
                          Amount:$400,000 to $500,000
                          FOR SALE Incentives
                          Thumb_rancho-palos-verdes-mesa-apartment-management-600x300
                          225 North Gilbert Road, Mesa, AZ, 85203, USA
                          Mesa Multifamily For Sale | Rancho Palos Verdes | Bulk Condos Mesa AZ Rancho Palos Verdes, 11-units (Multifamily) 225 N Gilbert ...
                          Amount:$700,000 to $800,000
                          Cap Rate: 7.25%
                          FOR SALE Incentives
                          Thumb_north_point_1
                          6315 North 16th Street, Phoenix, AZ, 85016, USA
                          North Point, 51-Units | Phoenix Multifamily For Sale | Bulk Condos   North Point, 51-units (Multifamily) 6315 North 16th Street, ...
                          Amount:$3,000,000 to $4,000,000
                          Cap Rate: 7.00%
                          FOR SALE
                          Displaying all 3 Have

                          Sold/Leased Listings

                          Icon_mode_downtown_3 Sold!
                          Location: 1317 & 1321 W McDowell Road, Phoenix, AZ, 85007, USA
                          Comments: Vestis Group is pleased to announce that Principals Natan Jacobs and Les Litwin have completed the sale of McDowell Apartments, an 8-unit multifamily community located in the sought after F.Q. Story Historic District in Downtown Phoenix, just north of Midtown Phoenix, Arizona for $719,000 / $89,875 Per Unit. Pinnacle AZ Development LLLP of Phoenix, Arizona sold McDowell Apartments, located at 1317 & 1321 West McDowell Road, in the F.Q. Story Historic District of downtown Phoenix to the Virani Family Trust of San Francisco, California for $719,000 / $131 Per Square Foot. Natan Jacobs and Les Litwin with Vestis Group in Phoenix represented the Seller in the sale of this Phoenix multifamily property. Tom Rizen with R.A.N. Realty & Property Management represented the Buyer.
                          Date: Sep 30, 2014
                          Transaction Amount: $719,000
                          Cap Rate: 6.75%
                          Icon_papago_springs_1 Sold!
                          Location: 1819 North 40th Street, Phoenix, AZ, 85008, USA
                          Comments:
                          Date: Aug 28, 2014
                          Transaction Amount: $240,000
                          Cap Rate: 9.00%
                          Icon_monterosa-1 Sold!
                          Erica Rodgers, Realty One Group, Inc.
                          Location: 3728 East Monterosa Street, Phoenix, AZ, 85018, USA
                          Comments: Property had been completely remodeled in 2014. Average Rents at time of sale were $1,175. Vestis Group received 6 offers the first week of the listing. At the sale price of $1,064,800, the actual cap rate was 7.25%. Over the last 12 months, Vestis Group has purchased 8 multifamily apartment communities in the Phoenix area. They are looking to acquire another 7 or 8 projects before the end of the year. http://vestis-group.com/multi-family-residential-investment/
                          Date: Jul 18, 2014
                          Transaction Amount: $1,064,800
                          Icon_downtown-phoenix-office-space-10 Sold!
                          Matt Seaman
                          Location: 1018 West Roosevelt Street, Phoenix, AZ, 85007, USA
                          Comments: Vestis Group is pleased to announce that brokers Natan Jacobs, Les Litwin and Victoria Miachika have completed the sale of Roosevelt 11, a 5,028 square feet, single-level, freestanding office building, located near Roosevelt Row in Downtown Phoenix, for $372,000 / $73.99 per square foot. Ronald Yenney of Ephrata, Washington sold the Roosevelt 11 office building, located at 1018 West Roosevelt Street, in Downtown Phoenix to Harder Development from Phoenix, Arizona for $372,000. Natan Jacobs, Les Litwin and Victoria Miachika with Vestis Group in Phoenix represented the Seller in the sale of this Phoenix office building. Matt Seaman with CK Property Management, LLC in Phoenix represented the Buyer.
                          Date: Jun 13, 2014
                          Transaction Amount: $372,000
                          Icon_1 Leased!
                          Location: 4331 North 12th Street, Phoenix, AZ, 85014, USA
                          Comments: Suite 102 - Signed a 12-month lease at $595 per month. Suite 103 - Signed a 12-month lease at $695 per month.
                          Date: May 31, 2014
                          Transaction Amount: $0