28
Feb
Republic Funds USA Flips Two Apt. Complexes in Sierra Vista
Republic Funds USA, a real estate investment firm with more than $100 million of assets under management, sold two apartment complexes totaling 440 units in Sierra Vista, AZ to a private investor for $8.9 million, or approximately $20,000 per unit.
Both Sierra Bella Apts., at 1525-1555 E. Busby Dr., and Casa De La Sierra, at 500 S. Coronado Dr., comprise studio, one- and two-bedroom units in 11, two-story buildings. The complexes delivered in…
Source: Costar News
