PEORIA, AZ-Scottsdale-based Mentor Properties Inc. has acquired the Land Pointe Apartments, a 100-unit complex at 11600 N. 75th St in Peoria. The Federal Home Loan Corp., or Freddie Mac, sold the apartment complex for $3.2 million.
The 11-building complex, constructed in 1985, sits on a 7.4-acrea site. Trevor Koskovich, Jeff Sherman and Bill Hahn from Colliers International negotiated the deal on behalf of both the buyer and the seller.For the full story, go to Phoenix Business Journal.
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