
SCOTTSDALE, AZ-Gilbert-based Strategic Real Estate IV LLC has acquired 26 units at 5995 N. 78th Place in Scottsdale for a total amount of $1.9 million. The company has purchased the units in the Bella Vita condo conversion project from Carlsbad, California-based SCE Property LLC.
The sales price breaks down to about $74,038 per unit. The Bella Vita community contains 226 units. Greg Thielen of Phoenix-based Hendricks & Partners negotiated the deal on behalf of the seller. For the full story, go to Phoenix Business Journal .
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