21
Feb
Dakota at McDowell Mountain Ranch Expected to Fetch $150 Million in Scottsdale
The Dakota at McDowell Mountain Ranch
Bids for a sprawling suburban Phoenix apartment complex with some upside potential should hit $150 million, say market players.
Dakota at McDowell Mountain Ranch is a 736-unit property in Scottsdale, AZ. It was built in two phases in 1996 and 1997 and had been run as two separate 368-unit properties originally. Pinnacle Financial Group, a subsidiary of UBS, has owned the properties for more than 10 years…
Source: Costar News
