Colorado company purchases Dobson Springs Apartments

Dobson SpringsAZRE

Colliers International in Greater Phoenix recently completed the sale of Dobson Springs, a 120-unit Class B apartment complex, for $9.12 million, or $76,000 per unit.

The Standard-Mesa, LLC, of Denver, Colo., purchased the complex, located at 1325 W. Guadalupe Road in Mesa, from Synergy Dobson Springs LP in Phoenix.

Bill Hahn, Jeffrey Sherman and Trevor Koskovich, senior vice presidents with Colliers International’s HSK Multifamily, served as the brokers for the buyer and the seller.

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