26
Feb
Western Wealth Capital Acquires 150-Unit Multifamily Complex in Tempe
Western Wealth Capital (WWC), a growth-focused real estate investment company, acquired the 150-unit Villatree apartment complex in Tempe, AZ from PEM Real Estate Group for $17.35 million, or approximately $116,000 per unit.
Villatree comprises one- and two-bedroom units ranging from 465 to 1,000 square feet in 11, two-story buildings. The apartment complex at 1750 S. Price Rd. delivered in 1980 on more than eight acres.
The acquisition of…
Source: Costar News
