An entity formed by California-based NNC Apartment Ventures LLC has acquired a 222-unit, mixed-use, luxury multifamily community in Flagstaff, AZ for $64.5 million.
The property was sold by an entity formed by the Missouri-based VanTrust Real Estate LLC.
Located at 601 E. Piccadilly Dr., the asset, Village at Aspen Place, features ground-floor retail, an attached parking garage, elevator service and a mix of studio, one-bedroom and two-bedroom floorplans.
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