Portland Storage Partners Ltd., based in Los Angeles, purchased for nearly $3.1 million the Vista Verde Apartments. The 76-unit complex is at 4302 N. 103rd Ave.
The 1970s-era complex is adjacent to the Villa de Paz Public Golf Course and near a number of major West Valley employers. It is 95% leased.
East Lansing, MI-based Allstate Management was the seller. The Phoenix office of CB Richard Ellis represented both parties in the transaction.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.