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Mesa apartment complex sells for $17.4 million

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Posted: Friday, July 13, 2012 8:12 am

A 222-unit apartment complex in Mesa has sold for $17.4 million. Cortona at Dana Park was sold by an institutional seller to Virtu Investments LLC of Larkspur, Calif. The gated community at 1440 S. Val Vista Drive was built in 1986 and was 95 percent occupied at the time of the sale. The seller was represented by CBRE’s Phoenix office.

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