$5M Deals – multi-family, commercial & vacant land all over Valley

Below are the deals that closed Thursday, July 30, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $29.8M
Buyer: LLG Stratford Mesa II, LLC
Seller: MG Indian Springs, LLC & WG Indian Springs, LLC
Property Type:  Apartments, Indian Springs Village Apartment Homes
Property Size:  9.9 acres, 460 units
Location:  N of NWC of S Alma School Rd & W Southern Ave in Mesa (1030 & 1031 S Stewart)
APN: 134-28-376, 134-28-379
Financing: $100k down on new loan

To view the affidavit, click here.

Price: $24.6M
Buyer: Glendale Retail I, LLC
Seller: KIR Glendale L.P.
Property Type: Commercial
Property Size:  23.9 acres
Location:  N 57th Ave & W Bell Rd in Glendale (5850 W Bell Rd)
APN: 200-49-585, 200-49-586
Financing: $340k down on new commercial financing

To view the affidavit, click here.

Price: $14M
Buyer: Arrowhead Plaza, LLC
Seller: Beardsley-67th Ave, LLP
Property Type: Commercial
Property Size:  7.2 acres
Location:  N 67th Ave & W Beardsley Rd in Glendale (20165 N 67th Ave)
APN: 200-28-008
Financing: $3.8M down on new conventional loan

To view the affidavit, click here.

Price: $5.6M
Buyer: IRIS USA, Inc.
Seller: SKD Holdings, LLC
Property Type: Vacant Land
Property Size:  58.8 acres
Location:  N Dysart Rd & W Cactus Rd in Surprise (13445 W Cactus Rd)
APN: 501-45-882
Financing: Cash

To view the affidavit, click here.

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