Millrose Place Apartments sells for $700,000 or $123 per square foot to Bloom Millrose, LLC. The seller, Jade Court LLLP, was represented by Vice President, Danny Lee of Sperry Van Ness, LLC. The buyer was represented by Tammy Malouff. Millrose Place Apartments is located at 2205 S. Mill Ave, on the southeast corner of Palmcroft Drive and Mill Ave., and like everything else on Mill Ave, less than 5 minutes from Arizona State University, in Tempe.
Of course there were many prospective buyers that wanted to purchase this nice small boutique property, but it was Nick Malouff who ended up with the keys. “Tempe is a great place to live. It is close proximity to all the surrounding cities,” Lee expressed. While Malouff is a first time local buyer, Danny Lee has been representing for multi-family investors for years.