Cabana Encanto in Goodyear, Arizona

IPA Brokers $61 Million Sale of Cabana Encanto in Goodyear, Arizona

by Channing Hamilton

GOODYEAR, ARIZ. — Institutional Property Advisors (IPA) has arranged the sale of Cabana Encanto, a 286-unit asset in Goodyear. A partnership between Sunrise Multifamily and Ascent Equity Group acquired the property from Greenlight Communities for $61 million. Steve Gebing and Cliff David represented the seller and procured the buyer. Cabana Encanto was built in 2022 on an 8.8-acre site. Amenities include a clubhouse with social and co-working spaces, pool, barbecue grilling stations, an event lawn, and green spaces.

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