California Investor Pays $25 Million for 1970s-Vintage Apartments Near Phoenix

Aerial photo of the 120-unit apartment complexs (at center) acquired by Sunrise Multifamily. Now called Sunrise on Bethany the apartments were built in Glendale in 1974. (CoStar)
Florida-Based Firm Sells 30-Building Complex in Glendale, Arizona, for More Than Double Its Prior Acquisition Price