$5M+ Deals – Peoria apartments; Phoenix & Litchfield Park commercial; Mesa land

Below are the deals that closed Thursday, February 11, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $30.2M
Buyer: Sunroad Sonoma Ridge, LLC
Seller: Sonoma Ridge Apartments, Inc.
Property Type: Apartments, Sonoma Ridge Apartments
Property Size: 14 acres, 240 units
Location: SEC N 83rd Ave & W Beardsley Rd in Peoria (8201 W Beardley Rd)
APN: 200-30-975, 200-30-978B
Financing: $6.7M down on new conventional loan
To view the affidavit, click here.

Price: $6.7M
Buyer: Amerco Real Estate Company
Seller: Pacific Bell Storage, LLC
Property Type: Commercial (Intermediate District)
Property Size: 4.5 acres, 92,769 SF
Location: E of NEC N 40th St & E Bell Rd in Phoenix (4110 E Bell Rd)
APN: 215-17-006L
Financing: Cash
To view the affidavit, click here.

Price: $5.57M+
Buyer: MPT of Mesa-Eastmark AD, LLC
Seller: El Dorado Elliot 128, LLC
Property Type: Vacant Land (Agriculture, Limited Commercial)
Property Size: 27.1 acres
Location: NWC S Ellsworth Rd & E Elliot Rd in Mesa
APN: 304-03-846C
Financing: Cash
To view the affidavit, click here.

Price: $5.275M
Buyer: 545657, Inc.
Seller: M-DysartAZ, LLC
Property Type: Commercial (Planned Shopping Center)
Property Size: 3 acres, 25,407 SF
Location: NWC N Dysart Rd & W Camelback Rd in Litchfield Park (5116 N Dysart Rd)
APN: 501-62-967
Financing: Cash
To view the affidavit, click here.

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