PHOENIX’S INDIGO PALMS SELLS FOR $40 MILLION

MIC IP II, a company formed by Mercury Investments Co. of Duluth, MN (Abbot Apter, principal) sold the Indigo Palms apartment at 3777 E. McDowell Road in Phoenix for $40 million ($92,593 per unit). A company formed by Bill Comrie, Incom Apartments, LLC of Newport Coast, CA purchased the 432-unit Indigo Palms apartment complex. Indigo […]

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