$5M+ Deals – $12M for Phoenix apartments

Below are the deals that closed Friday, October 23, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $12.1M
Buyer: Marble Creek, LLC
Seller: Birchard Group, LLC
Property Type: Apartments, Marble Creek Apartments
Property Size: 9.7 acres, 244 units
Location: E of N 59^th Ave & W McDowell Rd in Phoenix – 5601 W McDowell Rd
APN: 103-27-003K
Financing: $3M down on new conventional loan

To view the affidavit, click here.

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October 26, 2015

Multi-Family, real estate

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