Investors Capital Pays $25.9M ($259K/Unit) for Table Rock Apartments in Flagstaff

1/29/2025

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Connect CRE

• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

• Company: ICG (Investors Capital Group), Marcus & Millichap (NYSE: MMI)

Aultas sold Table Rock, a 100-unit multifamily community in Flagstaff, for $25.9 million or $259,000 a unit. The buyer was Investors Capital Group. Institutional Property Advisors (IPA) Steve Gebing and Cliff David represented the seller and found the buyer.