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Seattle Investor Buys The Rev Apartments in Phoenix's Tempe Submarket

Security Properties Expands Portfolio With $28.2 Million Acquisition
The Rev apartments in Tempe, Arizona, was recently upgraded by the previous owner. (CoStar)
The Rev apartments in Tempe, Arizona, was recently upgraded by the previous owner. (CoStar)
By Taylor Damm
CoStar News
September 24, 2019 | 1:20 P.M.

Security Properties has purchased The Rev apartments in Tempe, Arizona, from Denver-based Baron Properties for $28.2 million, or about $164,000 per unit.

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