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Bela Flor sells newly built Avondale BTR-Townhome community to RPM for $30.1M ($430k/unit)

  • 2/19/2026

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Phoenix Business Journal

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Highlights
Bela Flor Communities sold Avalon Townhomes in Avondale for $30.1 million
RPM Co. acquired its fourth metro Phoenix property since 2020
Phoenix home prices climbed more than 55% since December 2019

RPM Living
Ron Bonneau | Partner, Head of Acquisitions
[email protected]
512-480-9886
Bela Flor Development
Hudd Hassell | President
[email protected]
480-553-7236

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