MZ Scottsdale, an award-winning, multi-family property in the heart of Scottsdale, has been sold for $9.2 million. The sale established a new record for the highest price per apartment in Metropolitan Phoenix. The record setting price was $836,363 per unit, which amounts to $533 per square foot.
“This very unique, luxury property is located near one of the most prestigious intersections in the Phoenix metropolitan area,” says Chris Roach of Colliers in Arizona. “The Scottsdale and Camelback roads location offers unrivaled entertainment, walkability and is surrounded by Scottsdale’s preeminent development projects.”