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Student Housing Near Arizona State University Trades for More Than Double Last Selling Price

California Multifamily Investor Buys The Mark in Tempe, Arizona, for $36 Million

The Mark, a 153-unit student housing complex, was built in 1970. (CoStar)
The Mark, a 153-unit student housing complex, was built in 1970. (CoStar)

A California investor paid $36 million for an off-campus student housing complex near Arizona State University in Tempe, more than twice the price that the property last sold for in 2015.

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