Tempe’s Metro 101 Apartments Trade for $69M

Article originally posted on HERE on January 15, 2021

Metro 101 Apartments, a 259-unit multifamily community in Tempe, traded hands for $69 million. The buyer was a group of investors that included Utah-based Keller Investment Properties’ Scott Keller, while the selling group included an affiliate of Phoenix-based Southwest Next Capital Management.

The four-story apartment complex is located at 2157 E. Apache Blvd. The community includes four buildings totaling 242,752 square feet and was built on 5.85 acres in 2019.

Find Complete Article Here: https://www.connect.media/tempes-metro-101-apartments-trade-for-69m/

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