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Joint Venture Buys North Phoenix Apartments for $58 Million

New Owner Plans To Upgrade Multifamily Complex Built in 1983
Ascent on Peoria was built in 1983. (CoStar)
Ascent on Peoria was built in 1983. (CoStar)
CoStar News
August 23, 2022 | 12:11 AM

A Florida multifamily investment firm sold an apartment complex in Phoenix’s North Mountain neighborhood for $58.3 million, or about $260,000 per unit, as investors maintain interest in the city's northern reaches.

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