LAND POINTE APTS SALE NETS $3.2M

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PHOENIX — The 100-unit Land Pointe Apartments complex has sold for $3.235 million to Scottsdale, AZ-based Mentor Properties. The two-storycomplex is located at 11600 N. 75th Ave. in Peoria,AZ. It comprises 11 buildings on 7.4 acres with 81,280 net rentable square feet. The seller was the Federal Home Loan Corporation (Freddie Mac). Bill Hahn, Jeff Sherman and Trevor Koskovich from Colliers International’s Phoenix office represented both the buyer and the seller.

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