Russell W. and Marcia A. Bill of Fountain Valley, CA purchased the 85-unit Colonia Apartments in Phoenix for $6.65 million, or about $78,235 per unit, with a cap rate of 5.58%. The complex was 100% occupied at time of sale.
Russell W. and Marcia A. Bill of Fountain Valley, CA purchased the 85-unit Colonia Apartments in Phoenix for $6.65 million, or about $78,235 per unit, with a cap rate of 5.58%. The complex was 100% occupied at time of sale.
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4115 Indian School Rd, Phoenix, AZ