East Phoenix Community Trades for $15M

Multi-Housing News   |   Pavel Cazacu

Posted In — News & Press | In the News

Moderne Living has completed the $14.8 million disposition of 32 Arcadia, a 104-unit community in Phoenix, Ariz. Kidder Mathews Senior Vice President Karl Abert facilitated the sale on behalf of the buyer, a private capital family office. The asset last traded in 2017, when the current seller acquired it for $4.3 million from Property Concepts.

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