A local investor paid $415 million for five 1980s-era Phoenix apartment complexes, the highest total price on record paid for a multifamily portfolio in the Valley of the Sun.
Local Investor Pays Record Price for Phoenix Apartment Portfolio
$415 Million Sale Caps Record Year for Apartment Investment in Valley of the Sun
CoStar News
December 22, 2021 | 11:41 P.M.
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IN THIS ARTICLE
- Properties
- Lemon & Pear Tree Apartments
1750 Alma School Rd, Mesa, AZ
- Vantage Point Apartments
960 Gilbert Rd, Gilbert, AZ
- Riviera Park Apartments
125 Dobson Rd, Chandler, AZ
- Gilbert Greens Apartments
1101 Gilbert Rd, Gilbert, AZ
- Playa Palms Apartments
2200 San Angelo St, Gilbert, AZ
- Companies
- ABI Multifamily
Real Estate
- 3rd Avenue Investments LLC
Real Estate
- Samuel Geltman & Co
Real Estate