Country-Brook-Apts-Chandler-AZ

MG Properties Acquires 396-Unit Country Brook Apartments in Metro Phoenix for $74M

by Amy Works

CHANDLER, ARIZ. — San Diego-based MG Properties Group has purchased Country Brook Apartments, a multifamily property located at 4909 W. Joshua Blvd. in Chandler. An undisclosed seller sold the property for $74 million.

The 396-unit community features three resort-style swimming pools with outdoor televisions and shade sails, two whirlpool spas, gas barbecues, a picnic area and ramadas surrounded by landscaping. The apartments feature in-unit washers/dryers and an average size of 936 square feet.

Cindy Cooke and Brad Cooke of Colliers International handled the marketing and sale transaction.

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