Marcus & Millichap Arranges $13.5M Sale of Golden Key Apartment Building in Phoenix

by Amy Works

PHOENIX — Marcus & Millichap has brokered the sale of Golden Key, a multifamily property located in Phoenix. A private investor sold the asset to a fund manager for $13.5 million.

Located at 3675 W. Osborn Road, Golden Key features 91 apartments. The community spaces and three of the units at the 62,323-square-foot property have been renovated.

Paul Bay and Darrell Moffitt of Marcus & Millichap represented the seller and procured the buyer in the deal.

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