Arizona Investor Sells Southern Hills Villa Apts. For $2.8 Million

The Southern Hills Villa Apartments at 6609 S. Lewis Ave has changed hands for $2.8 million, or about $26,168 per unit.

Urban Ventures LLC of Tempe, Ariz. sold the two story complex to Bradford Creek Properties LLC.

The complex consists of 107 units on 3.25 acres, for a total of 74,223 square feet. The apartments appraised for $2.5 million in 2005 and were built in 1980.

Andrew Burnett of Sperry Van Ness Oklahoma represented the seller, and T.J. Remy of Heritage Remy Co. Oklahoma represented the buyer.

Randall Pickard is the registered agent for Bradford Creek Properties.



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