The Villas at Roger Road at 3985 N Stone Avenue in Tucson sold for $5.685 million ($24,500 per unit) in a value add investment sale. The property was lender owned when it sold to Equilibrium Villas, LLC (Sasonias Astatke) of Washington, DC. Built in 1984, the complex has 232-units in nine, 2-story, buildings and a […]
Villas at Roger Road in Tucson Sells for $5.7 Million Read More »
Glendale, Arizona – A privately held company formed by RK Properties of Long Beach, Calif. (William Rance King, Jr., manager) paid $21.2 million ($50,476 per unit) to acquire the 420-unit Northern Greens apartments located at 8150 N. 61st Avenue in Glendale. The complex was built in 1988. The seller was GA Northern Greens LLC, a
Northern Greens Apartments Sells for $21.2 Million Read More »
Weidner Investment Group of Kirkland, Wash., acquired the 220-unit Paradise Falls, located at 15434 N. 32nd St. in Phoenix, for $10.4 million, or $47,272 per unit. The seller was Aslan Realty Group of Irvine, Calif. Paradise Falls is a two- and three-story community consisting of 15 buildings on 7.91 acres with 181,374 net rentable square
508-Units in Two Phoenix Apartment Complexes Sell for $18 Million Read More »