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.

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