Located at 2140 W. Thunderbird Rd., the complex was built in 1981 adjacent to a golf course. Ninety-five percent occupied at the time of sale, this complex brings the total of apartment units owned by Sares-Regis in the Phoenix market to 1,675.
Citibank Private Bank is Sares-Regis' venture partner in the transaction. Terry Biehn and Joseph Blegan of Camidor Property Services in Phoenix represented both parties in the transaction.
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