California Investor Buys 148-Unit Arcadia Walk Apts. in Phoenix

San Diego-based RCC Real Estate purchased the 148-unit Arcadia Walk apartment complex in Phoenix from Western Wealth Capital for $36.75 million, or approximately $133,000 per unit.

The Class B multifamily complex at 2606 N. 44th St. comprises studio-, one- and two-bedroom units ranging from 448 to 818 square feet in nine, two-story buildings. Arcadia Walk totals 94,704 square feet and delivered in 1978.

Trevor Koskovich, executive vice president…
Source: Costar News