Monday, November 16, 2015

Mountainside Apartments Sell for over $41 Million

Parcel Map

The 288-unit Mountainside Apartments, located at 3625 E Ray Road in Phoenix, sold Friday for $41.25 million or $143,229 per unit. Sale documents indicate debt with the purchase, yet no debt documents were recorded. The new owners are managed by KB Investment Development of Southern California.

This twenty-year old complex consists of nineteen buildings containing one, two, and three-bedroom units. It includes two pools, washers and dryers in-unit, and detached garages.

Vizzda subscribers: click here for the full report.

Would you like complete unit mix, history, and contacts? Vizzda has it!

Contact us for more information.


Sponsored by:


No comments:

Post a Comment

Sponsered Ad