A California multifamily investor sold the 312-unit Arboretum at South Mountain apartments in Phoenix's Ahwatukee neighborhood for $118.3 million, 2 1/2 times what it paid for the property less than seven years ago.
A California multifamily investor sold the 312-unit Arboretum at South Mountain apartments in Phoenix's Ahwatukee neighborhood for $118.3 million, 2 1/2 times what it paid for the property less than seven years ago.
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