Investor Steve Urry bought Forest Meadows Apartments, situatedat 1000 W. Forest Meadows St., from Judy Bassham, a privateinvestor from San Diego, who had owned the property for nineyears.

Flagstaff is a growing rural community about 150 miles north ofPhoenix. The city, which is home to Northern Arizona University,has grown significantly in the past decade and is a haven forsecond-home owners in the Valley. It now has a population of morethan 60,000.

Doug Fielding of Marcus & Millichap's Phoenix officerepresented the buyer. Patrick Slavin of the Phoenix office ofHendricks & Partners acted on the seller's behalf.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.