Monarch Investments and Management Group, a Colorado-based property investment firm, recently purchased the Tiffany Woods Apartments in Muskegon, MI, for $7.9 million, or about $26,159 per unit. The 302-unit multi-family property at 3298 Roosevelt Rd. was constructed in 1963 and measures 227,016 square feet. Please see CoStar COMPS# 2713446 for more information on this transaction.