Colorado Investor Expands Arizona Portfolio with Multifamily Property Phoenix, Arizona – A Colorado investor has purchased the Raintree apartment community at 6450 E. Golf Links Rd. for $12.475 million ($34,272 per unit). The company acquired the property as an expansion of its existing Arizona real estate portfolio. “This property offers the abundance of on-site amenities …
Raintree Apartments in Tucson Sold for $12.4+ Million Read More »
This article has been archived, please login for access or subscribe now for a free trial. Since third quarter 2012, investors nationally have continued to exhibit a strong appetite for multifamily properties, a fact borne out by the sales in Pima County for first quarter 2013. From Jan 1 – March 29th, almost a third …
Local Sales Bear Out National Trend – Investors Prefer Multifamily Read More »
This article has been archived, please login for access or subscribe now for a free trial. Summit Raintree, an entity formed by privately-held Summit Equity Investors, Inc. of Los Angeles, CA (Joseph Rosen, President) purchased the 364-unit Raintree Apartments at 6450 E. Golf Links Road for[mepr-show rules=”58038″]$9.25 million, or approximately $25,400 per unit. The seller …