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December 20th, 2022

Crowdfunding Venture Sells Phoenix Apartments, Secures 12% for Investors

Crowdfunding company, Neighborhood Ventures, has sold one of its investment properties, Venture on 19th in Phoenix after holding it for just 18 months. The 41-unit apartment building, consisting of one-bedroom, one-bath units closed this week for a purchase price of $6.76 million at $165K per unit, and was sold to an Arizona-based buyer in an off market transaction.

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Neighborhood Ventures