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Canadian Investor Pays $52 Million for Pair of Midtown Phoenix Apartments

Side-by-Side Complexes Trade for Twice Their 2018 Sale Price
Urban 188 is one of two projects purchased by Eric Investment Services, a firm based in Canada. (CoStar)
Urban 188 is one of two projects purchased by Eric Investment Services, a firm based in Canada. (CoStar)
CoStar News
January 27, 2022 | 1:42 AM

A pair of apartment complexes in midtown Phoenix totaling just under 300 units traded for $52 million, or about $188,000 per unit.

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