Tara Investment Group Acquires 239-Unit Studio 710 in Arizona for $26.7M


Studio 710 in Tempe, Ariz., features 239 apartments, two pools, a fitness center and an outdoor jogging track.

TEMPE, ARIZ. — San Francisco-based Tara Investment Group has purchased Studio 710, an apartment community located at 710 Hardy Drive in Tempe. Domain Communities sold the property for $26.7 million.

Brad Cooke and Cindy Cooke of Colliers International represented the seller, while the buyer was self-represented in the deal.

Built in 1975, Studio 710 features 239 apartments spread across 12 buildings totaling 98,500 square feet. Community amenities include two resort-style pools with cabanas, free Wi-Fi, fitness studio, outdoor jogging track, outdoor gathering areas, fire pits, outdoor yoga/Zen space, bike racks and entertainment areas.

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