The company plans to invest more than $6 million in capital improvements. : Rise48 Equity has acquired Solano Vista Apartments, a 352-unit community in Glendale, Ariz., for $56.1 million. The asset last traded in 2019, when Sundance Bay acquired it from 3rd Ave Investments for $30.7 million, Yardi Matrix data shows. Solano Vista consists of 24 two-story buildings on 9.2 acres at 7102 N. 43rd Ave. The property includes studios, one- and two-bedroom apartments with floorplans ranging from 330 to 750 square feet. Community amenities include four swimming pools, a gym, a playground and six laundry rooms, among others.