Below are the deals that closed Tuesday, October 27, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.
Price: $33.5M
Buyer: Apartments at Bayside, LLLP
Seller: MIC BI, LLC
Property Type: Apartments, Bayside at the Islands
Property Size: 12.2 acres, 272 units
Location: E of N McQueen Rd & W Warner Rd in Gilbert – 1300 W Warner Rd
APN: 302-30-996
Financing: $6.44M down on new conventional loan
To view the affidavit, click here.
Price: $28.95M (in two transactions)
Buyer: Madison Plaza I, LLC
Seller: Nevada Holding Co, LP
Property Type: Commercial, Camelback Crossing
Property Size: 26.5 acres, 95,093 SF
Location: N Dysart Rd & W Camelback Rd in Litchfield Park – 5115 N Dysart Rd
APN: 501-63-722, 501-63-724, 501-63-726, 501-63-725 (first affidavit), 501-63-722, 501-63-724, 501-63-725 (second affidavit)
Financing: Cash & $3.99M down on new loan
To view the affidavit, click here & here.
Price: $6.4M
Buyer: FPA5 El Cortez, LLC
Seller: El Cortez Condominiums, LLC
Property Type: Apartments, The El Cortez
Property Size: .24 acres, 146 units
Location: N 7th Ave & S of W Osborn Rd in Phoenix – 3130 N 7th Ave, Units 101-105, 107-120, 122-133
APN: 110-29-077, 110-29-078, 110-29-079, 110-29-080, 110-29-081, 110-29-083, 110-29-084, 110-29-085, 102-90-086, 110-29-087, 110-29-088, 110-29-089, 110-29-090, 110-29-091, 110-29-092, 110-29-093, 110-29-094, 110-29-095, 110-29-096, 110-29-098, 110-29-099, 110-29-100, 110-29-101, 110-29-102, 110-29-103, 110-29-104, 110-29-106, 110-29-107, 110-29-108, 110-29-109
Financing: Cash
To view the affidavit, click here & here.
