As a follow up to my article on Phoenix apartments I found this and wanted to link to it.
Phoenix apartments were purchased out of receivership by Mentor Inc recently. A total of 700 units were included in the purchase.
The two Phoenix apartments were purchased for $9.99 million.
The buyer plans to make significant changes and improvements to the exsisting propeprties according to the folks at http://www.costar.com/News/Article/Two-Phoenix-Apartments-Sold-for-$14270-Unit/130239.
How about you? Any luck finding Phoenix apartments? Comment below.
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[Image credit: tao_zhyn]