$5M+ Deals – $36M sale of apartments near PV Mall ($180k/unit)

Below is the deal that closed Monday June 9, 2015, in Maricopa County over $5 million according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these a transactions.

Price:  $36M ($180,000/unit)
Buyer:  WW Cactus 88 LLC (formed by Olympus Property)
Seller:  Cactus 42 Holdings, LLC (Cachet Homes/Southwest Next Capital Management, Strand Properties Corp.)
Property Type: Multifamily
Property Size: 200 units, 4.54 acres
Location: west of NWC of E. Cactus Rd. and N. Paradise Village Pkwy. (4232 E. Cactus Rd.)
APN: 167-27-001M
Financing: $10.5M down on conventional loan

To view affidavit, click here.

 

Share this!

Additional Articles

Top master-planned communities for 2024

By AZ Big Media Here are the Top 10 master-planned communities in Arizona, based on public voting for the 2024 edition of Ranking Arizona, the state’s biggest and most comprehensive business opinion poll. Ranking Arizona

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.