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PHOENIX — CS1031 Crossroads Apartments has acquired the 316-unit Crossroads Apartments in Phoenix for $25.2 million. The Class B community is located at 2222 W. Beardsley Road in the Deer Valley submarket. It was built in 1982. David Fogler and Steven Nicoluzakis of Cushman & Wakefield represented the seller, WW Crossroads Apartments LLC, in this transaction. CS1031 Crossroads Apartments purchased the community on behalf of Rincon Partners. The LLC sold the asset on behalf of Olympus Property.