SCOTTSDALE, AZ-Gilbert-based Strategic Real Estate IV LLC hasacquired 26 units at 5995 N. 78th Place in Scottsdale for a totalamount of $1.9 million. The company has purchased the units in theBella Vita condo conversion project from Carlsbad, California-basedSCE Property LLC.

The sales price breaks down to about $74,038 per unit. The BellaVita community contains 226 units. Greg Thielen of Phoenix-basedHendricks & Partners negotiated the deal on behalf of theseller. For the full story, go to Phoenix Business Journal . News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

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.