Login

Apartments in Phoenix's Mesa Trade for $45 Million

California Investor Pays Nearly 50% Above Going Price for Suburban Apartments

The Craft @ Gilbert & Baseline apartment complex in Mesa, Arizona, was developed in 2019. (CoStar)
The Craft @ Gilbert & Baseline apartment complex in Mesa, Arizona, was developed in 2019. (CoStar)

A local multifamily development firm sold an apartment complex in Mesa, Arizona, for $45 million, or $432,700 per unit, nearly 50% above the average price paid for apartments in the Phoenix suburb.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In