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Suburban Phoenix Apartment Sale Among Region’s Priciest of Past Year

Arizona Suburbs Continue To See Investor Demand Despite Higher Sun Belt Vacancies
Investment firm IMT Residential acquired a 240-unit apartment property in Scottsdale, Arizona. (CoStar)
Investment firm IMT Residential acquired a 240-unit apartment property in Scottsdale, Arizona. (CoStar)
CoStar News
April 2, 2024 | 9:07 P.M.

An apartment deal in Scottsdale, Arizona, is among the Phoenix region’s highest-priced transactions of the past year in a sign of investor demand for the city's eastern suburbs.

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