A residential investment firm sold two boutique apartment complexes in Phoenix's Camelback district totaling 87 units to an undisclosed Los Angeles-based investment firm for $59.2 million, well above the per-unit average price in the area.
Upscale Phoenix Apartment Complexes Trade for $59 Million
Townhouse-Style Apartments in Biltmore, East Phoenix Areas Sell to Los Angeles-Based Firm
CoStar News
October 6, 2021 | 12:56 AM
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IN THIS ARTICLE
- Properties
- Novella at Arcadia
4402 36th St, Phoenix, AZ
- Novella at Biltmore
5455 18th St, Phoenix, AZ
- Companies
- True Craft Residential
Construction