$5M+ Deal – Apartment complex in Phoenix

Below is the deal that closed Monday, April, 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 the Santerra Apartments east of N. 34^th Street on E. McDowell Road (3434 E. McDowell Road) in Phoenix by Santerra Apartments LLC.

The buyer was La Casa at McDowell LLC, which made a $1.9 million down payment for the property.

The 94,045 square-foot apartments were built on 40,554 square-feet of land in 1985.

They offer close proximity to Loop 202, State Route 51 and Sky Harbor International Airport. Floorplans include one- and two-bedrooms, and amenities include a pool, on-site laundry and playground.

To view the affidavit, click here.

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April 7, 2015

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$5M+ Deal – Apartment complex in Phoenix

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