Boston Capital: IPA Negotiates $65.4M Sale of Aventura Multifamily Asset in Suburban Phoenix

AVONDALE, ARIZ. - Institutional Property Advisors (IPA) has arranged the sale of Aventura, a multifamily property located at 10350 W. McDowell Road in Avondale, a western suburb of Phoenix. Boston Capital sold the property to an institutional investment manager for $65.4 million, or $160,294 per unit. Situated on 18.4 acres, Aventura features 408 apartments, a [...]