The Real DealReport
ColRich grabs Mesa rentals at under $200K per unit in strategy to buy older stock
Another multifamily community in Greater Phoenix sold to an out-of-state investor. San Diego-based ColRich acquired the Avia 266 apartments at 2354 West University Drive in Mesa for $52.4 million, AZ Big Media reported. Beverly Hills-based Geringer Capital was the seller of the 267-unit property, which will be…
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Provenance
- Publisher
- The Real Deal
- Obtained from
- The Real Deal
- Published
- Aug 5, 2026
- Last updated
- Aug 8, 2026 (3 days ago)
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