$5M+ Deals – Phoenix apartments & prime downtown land

Below are the deals that closed Monday, August 4, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $20.5M
Buyer: LIV Camelback at 16^th, LLC
Seller: Bellstone VII, LLC
Property Type: Apartments, Sienna Springs
Property Size: 10.2 acres, 395 units
Location: N 16^th St & E Colter St in Phoenix (5128 N 15^th St)
APN: 162-12-001R, 162-12-001U, 162-12-001S, 162-12-001X
Financing: $6.15M down on new conventional loan

To view the affidavit, click here.

Price: $5.5M
Buyer: K. Hovanian at 240 Missouri, LLC
Seller: 240 Missouri Development, LLC
Property Type: Vacant land
Property Size: 1.3 acres
Location: N 16^th St & E Colter St in Phoenix (Parcel split)
APN: 162-28-029
Financing: Cash

To view the affidavit, click here.

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August 4, 2015

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