WhiteHaven Capital Sells Canyon 35 Multifamily Property in Phoenix for $15.5M

by Amy Works

PHOENIX — WhiteHaven Capital has completed the disposition of Canyon 35, an apartment community located at 4336 N. 35th Ave. in Phoenix. A Utah-based fund manager acquired the asset for $15.5 million.

Built in 1986, Canyon 35 features 98 apartments, a leasing office, pool, covered parking, laundry facilities and gym. The seller completed a programmatic renovation on 97 of the 98 units during its three-year ownership of the property.

Paul Bay and Darrell Moffitt of Marcus & Millichap handled the transaction.

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