Queen Creek apartments sell for $22.65M

The Town Center Apartments in Queen Creek, a Class A garden-style community, sold for $22,650,000 to  Laguna Point Properties LLC by K and M Development #1 LLC, according to the brokerage firm that worked on the deal.

The apartment community is a two and three story garden-style community, which was built in 2009 on 10.52 acres of land. The 176-unit complex has one-, two- and three-bedroom apartments ranging in size from 750 to 1,272 square feet.

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