Current print subscribers can create a free account by clicking here
Otherwise, follow the link below to join.
To Our Valued Readers –
Visitors to our website will be limited to five stories per month unless they opt to subscribe. The five stories do not include our exclusive content written by our journalists.
For $6.99, less than 20 cents a day, digital subscribers will receive unlimited access to YourValley.net, including exclusive content from our newsroom and access to our Daily Independent e-edition.
Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.
Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.
Need to set up your free e-Newspaper all-access account? click here.
Non-subscribers
Click here to see your options for becoming a subscriber.
Register to comment
Click here create a free account for posting comments.
Note that free accounts do not include access to premium content on this site.
I am anchor
Real estate
Phoenix apartments sell for $31.2 million
Posted
A commercial real estate company announced the $31.2 million sale of an apartment complex near Seventh Street and Bell Road in Phoenix.
The sale, announced by Cushman and Wakefield, said Mountain View Casitas — a 146-unit apartment community at 1130 E. Grovers Ave. — was sold to Los Angeles-based Marble Partners Management LLC. The seller was San Diego-based MV Casitas LLC.
“Mountain View Casitas provided the buyer the opportunity to acquire a well-located multifamily community that had not been previously renovated. Those types of assets are becoming harder to find in Phoenix,” said David Fogler, executive managing director of Cushman and Wakefield.
Mountain View Casitas is a well-maintained two-story apartment community originally built in the mid-1980s. It consists of all two-bedroom, two-bathroom units of 904- and 964-square-feet in multiple floor plans.
The units feature central air, fully equipped kitchens, private balconies, in-unit washers and dryers, and fireplaces. On-site community amenities include a pool, outdoor seating and a pet play area, a press release said.
The location is close to Loop 101 and Interstate 17 with shopping, restaurants and other entertainment nearby.
