A local real estate investment group paid $64 million for Delano, a 265-unit apartment complex in the Phoenix suburb of Mesa, which has become popular among renters looking to reduce housing costs.
Apartment Complex in Phoenix's Mesa Suburb Trades for $64 Million
Rent Growth, Tight Vacancies Attract Investors to Phoenix's East Valley
CoStar News
October 17, 2021 | 10:36 P.M.
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IN THIS ARTICLE
- Properties
- Delano Apartments
1800 Covina St, Mesa, AZ
- Companies
- S2 Capital
Finance and Insurance