Nuvida lands Arizona apartments

Property extensively renovated before sale
Published on Oct 12, 2007

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by CareyBot

A Southern California-based investor paid $15.5 million for a 172-unit multifamily community in Tempe, Ariz. Nuvida Ventures purchased the property, Paxton on Rural, from Residential Equity Partners at a price that represents $90,116 per unit. Located at 3409 S. Rural ...