IPA Sells Suburban Phoenix Multifamily Complex for $28.75 Million

Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased to announce the sale of Palm Trails Apartments, a 203-unit apartment community in Chandler, Arizona. The $28.75 million sales price equates to $141,626 per unit. “During the past year, the seller, Stratford Partners,…