PHOENIX—Colliers International in Greater Phoenix recently completed the sale of Cove on 44th, a 256-unit class B apartment complex. Cove Phoenix LLC of Phoenix purchased the property, located at 4030 N. 44th Ave., from Cove at 44th LLC of Los Angeles.
Bill Hahn, Jeffrey Sherman and Trevor Koskovich, senior vice presidents with Colliers International's HSK Multifamily Southwest team, represented both buyer and seller.
Built in 1983, the desert landscaped Cove on 44th consists of 134,400 square feet in 13 two-story buildings constructed on an irregular shaped site of 8.05 acres. This Maryvale submarket complex is close to public transportation and minutes away from Phoenix College, Grand Canyon University and Universal Technical Institute.
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