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Phoenix Multifamily Development Sells for $22.6M

November 9, 2017
Bear Holdings and Active Investments sold the Dunlap Falls apartments at 3333 W. Dunlap Ave. in Phoenix, AZ to private investors for $22.6 million, of about $78,000 per unit.

The 245,280-square-foot multifamily building was built in 1973 in the Maryvale / GreenBrier Groves MF submarket.

Bill Hahn, Trevor Koskovich and Jesse Hudson of Colliers International represented the seller. The buyer handled the sale in-house.

Please refer to CoStar COMPS #4038502 for more information on this transaction.
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