NW Group Investments LLC, John Trubilla, principal, paid $3,650,000 ($50,694 per unit) to buy the 72 unit Bella Plaza apartments located 2130 W. Indian School Rd. in Phoenix.
The seller was Fountain Ridge Apartments LLLP, a limited liability partnership formed by Mentor Properties in Scottsdale.
The deal was brokered through Bill Hahn, Jeff Sherman and Trevor Koskovich (HSK) of Colliers International in Phoenix.
Maricopa County records show the buyer acquired the property with a new loan issued by Opus Bank. The complex was built in 1982.