Buyer pays all cash for Arizona apartments

Price per square foot surpasses $100
Published on Sep 13, 2007

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by CareyBot

A California investor has paid approximately $9.6 million in cash for a 135-unit apartment complex in Glendale, Ariz. Tom Behr, a private investor based in San Diego, bought the Glenridge Apartments from an unidentified entity. The sales price represents $70,925 ...