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Utah Investment Firm Buys Apartments in Fast-Growing Southern Arizona City

Rent Growth in Sierra Vista Among Top 10 Cities in US
The Port Royale complex was built between 2004 and 2008 in Sierra Vista, Arizona. (CoStar)
The Port Royale complex was built between 2004 and 2008 in Sierra Vista, Arizona. (CoStar)
CoStar News
July 5, 2022 | 10:53 P.M.

A private equity firm that invests in multifamily properties paid $46.5 million for an apartment complex in Sierra Vista, a community southeast of Tucson, Arizona.

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