Mr. and Mrs. Eugene Vollucci purchased the Mulberry Apartments, located at 3318 North 18th Ave. and 1820 West Mulberry Drive in Phoenix. The 52-unit, 44,692-square-foot complex sold for $1,502,500, nearly $28,895 per unit, at a 9.9% cap rate. The property is composed of six, two-story apartment buildings, with 36 units located at 3318 North 18th and the remaining 16 units located at 1820 West Mulberry. It features 28 one-bedroom/one-bath and 24 two-bedroom/1.25 bath units. John Kobierowski and Greg Thielen of Hendricks & Partners represented both the seller, the Mr. and Mrs. Gerald R. Moretti Trusts, as well as the buyer.