November 14, 2024 4:34 pm
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$5M+ Deals – 74 unit apartment building in North Central Phoenix

Below is the deal that closed Tuesday, July 14, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $5M
Buyer:  Inhabit Apts LLC
Seller:  Cabana on Seventh Apartments, LLLP
Property Type:  74 Unit Apartment Building, Cabana on Seventh
Property Size:  2.2 acres
Location:  SEC of E. Montebello Ave & N 7th St in Phoenix (5615 N 7th St)
APN:  162-07-047A & 162-07-047C
Financing:  $450,000 down on new conventional loan

To view the affidavit, click here.

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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.