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$5M+ Deals – Parcel on Mountain Shadows resort, apartments in Phoenix

Below are the deals closed Friday, February 20, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. The Rose Law Group Reporter has not independently verified these transactions.

$5.8 million sale of Tuscano Village apartments at the northeast corner of N. 68th Drive and W. Bethany Home Road (6816 W. Bethany Home Road), in Phoenix, by Marian Lee Apartments LLC.

The complex, built in 1974, includes 120 units on 9.75 acres, according to loopnet.com.

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$5.5 million sale of at least one parcel at the southwest corner of N. 56th Street and E. Lincoln Drive, in Paradise Valley, by MTS Land LLC, an entity of California-based Crown Realty & Development. The parcels are part of the Mountain Shadows resort, which is being re-built.


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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.