Class-B apartment complex sells for $22.25M in Phoenix

Carleton Club Apartments
Carleton Club Apartments

AZRE

Colliers International in Greater Phoenix recently completed the sale of the 436-unit Carleton Club Apartments, a Class B complex in Phoenix, for $22.25 million.

Phoenix-based Bruckal Developments Inc. purchased the complex located at 17425 N. 19th Ave., completed in 1984. The buyer has plans for major renovations in the near future.

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