$5M+ Deals – $22M Scottsdale commercial; Indian School Rd apartments

Below are the deals that closed Thursday, December 3, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

 

Price: $22.625M
Buyer: Triyar Capital, LLC
Seller: Camelback & Scottsdale Rd., LLC
Property Type: Commercial
Property Size: 2.5 acres, 125,035 SF
Location: SEC of N Scottsdale Rd & E Camelback Rd in Scottsdale (7201 E Camelback Rd)
APN: 173-41-004, 173-41-016B, 173-41-015A, 173-41-017A, 173-41-021A
Financing: $6.625M down on new conventional seller loan
To view the affidavit, click here.

Price: $8.35M
Buyer: Phoenix Avalon, LLC
Seller: Westwood Management, LLC
Property Type: Apartments, Avalon Apartments
Property Size: 1.4 acres, 117 units
Location: SEC of N 28th St & E Indian School Rd in Phoenix (3851 & 4025 N 28th St)
APN: 119-02-020B, 119-02-027B
Financing: $2.35M down on new conventional loan
To view the affidavit, click here.

 

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