Monte Vista Gardens Sells 143-Unit Canyon Palms Apts. for $6.2M

Monte Vista Gardens, a local multifamily complex investment and management company, sold the 143-unit Canyon Palms apartment complex in Phoenix to a CA-based private investor for $6.2 million, or approximately $43,000 per unit.

The garden-style, gated community at 6236 N. Black Canyon Fwy. comprises one-bedroom units in five, three-story buildings. Canyon Palms is near the Valley Light Rail, which is a 26-mile public transit system that services…
Source: Costar News