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Canadian Investors Pay $118 Million for Large Apartment Property in Tempe, Arizona

Sale of Onnix Ranks as a Top Apartment Sale of 2020 in Region
Onnix was built in 1984 and refurbished in 2007. (CoStar)
Onnix was built in 1984 and refurbished in 2007. (CoStar)
CoStar News
October 22, 2020 | 2:15 P.M.

A Canadian real estate investment firm bought the 659-unit Onnix apartments in Tempe, Arizona, one of greater Phoenix's most coveted multifamily investment markets, in the second-priciest multifamily sale this year in the Phoenix area.

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