Aspen Cascades LLC purchased the Cascades Apartments located at 3550 East Campbell Ave. in Phoenix. The 95-unit complex sold for $6.125 million, nearly $64,475 per unit. The property is comprised of 12 studios, 36 one-bedroom/one-bath, and 47 two-bedroom/two-bath units. The complex features balconies, covered parking, laundry facilities, gated underground parking, and a pool. David Fogler and Steve Nicoluzakis of Insignia/ESG Inc. represented the buyer. The seller was the Irene Del Castello Revocable Trust. By: Randall Sakamoto and Phil Majarucon (08/20/02)