Aukum Group Buys 224-Unit Multifamily Property in Arizona for $41M
Aukum Group | July 10, 2018
Aukum Group has purchased Adobe Ridge, has brokered the sale of Adobe Ridge, a multifamily property located in Glendale. The Praedium Group sold the community for $41 million, or $183,036 per unit. Built in 2005, the property features 224 open-concept apartment units with nine-foot ceilings, controlled-access gated entry, outdoor spaces with picnic areas and barbecue grills, and 40 detached garages.