LAKE BLUFF, IL-Prime Property Investors Ltd., an apartment investor based in Northbrook, has put the Deer Valley Luxury Apartment Homes, a 224-unit property in north suburban Lake Bluff, on the market for sale. The company has tapped Apartment Realty Advisors to find buyers for the apartment community at 30011 N. Waukegan Road.
Prime Property Investors bought the multifamily property in May 2011 for $22 million. The complex is fully occupied and its rent rolls exceed $250,000 per month. For the full story, go to Crain's Chicago Business .
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