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Watermark Residential Plans Luxury Apartment Complex in Gilbert, Arizona

Local Investor Sells 9.8-Acre Site for $5.5 Million
Watermark Residential plans to develop a 216-unit apartment complex on the 9.76-acre site in Gilbert, Arizona. (Watermark Residential)
Watermark Residential plans to develop a 216-unit apartment complex on the 9.76-acre site in Gilbert, Arizona. (Watermark Residential)
By Jeremy Quinn
CoStar Research
June 24, 2020 | 3:25 P.M.

Indianapolis-based Watermark Residential has purchased a 9.76-acre lot in Gilbert, Arizona, from a private local investor for $5.5 million.

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