Ovation at Tempe complex purchased for $25.85 million - East Valley Tribune: Tempe

Ovation at Tempe complex purchased for $25.85 million

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Posted: Thursday, August 28, 2014 10:15 am

Passco InSite, LLC has purchased a multifamily complex in Tempe for more than $25 million.

Passco Insite, which is a joint venture between Passco Companies, LLC and InSite Investment Realty, acquired the 270-unit Ovation at Tempe for $25.85 million. The company intends to renovate the facility to upgrade unit interiors, add carports and other amenities, and better Ovation’s exterior.

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