Salt Lake City-based Sundance Bay has acquired the Solano Vista Apartment community in the Glendale submarket of Phoenix for $30.8 million. The property has 352 units.

Located at 7102 N. 43rd Ave., Solano Vista was recently re-branded Solano Vista and has undergone extensive exterior renovations and features a myriad of amenities, including a fitness center, clubhouse, dog park playground, four swimming pools, multiple laundry facilities, barbeques, covered parking and secured gate access. The property features a majority studio and one-bedroom floor plans and is partially master-metered for electricity.

Brian Smuckler, Jeff Seaman, Derek Smigiel and Bryson Fricke of CBRE in Phoenix represented the seller, Phoenix-based 3rd Ave Investments, and the buyer in the deal.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.