$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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