Hope of Montebella LLC closed escrow on the Villas at Montebella at 10680 N. 85th Ave. in Peoria. The apartment complex sold for $3.95 million, approximately $39,500 per unit, at an approximate 6% cap rate. The 100-unit complex is comprised of 20 one-bedroom/one-bath units and 80 two-bedroom/one-bath units totaling 221,720 square feet.