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CHANDLER, ARIZ. — Virtú Investments has purchased The Fairways, a 352-unit apartment community in Chandler, for $47 million. The Class A community is located at 777 W. Chandler Blvd.
The Fairways is 95 percent occupied. The community was built in two phases in 1986 and 1996, overlooking the historic San Marcos Golf Resort.
Cindy Cooke and Brad Cooke of Colliers’ Phoenix office represented the seller, BAZV Fairways LLC, in this transaction.