Below are the deals that closed Wednesday, February 10 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.
Price: $13M
Buyer: The Winfield Apartments, LLC (Gray & Co. Realtors, Inc. & The Tanbic Company)
Seller: FRI Hermitage, LLC
Property Type: Apartments, The Winfield of Scottsdale
Property Size: 3.6 acres, 95 units
Location: SEC N Hayden Rd & E Osborn Rd in Scottsdale (8021 E Osborn Rd)
APN: 130-33-003J, 130-33-003K
Financing: $6.675M down on assumption of existing loan
To view the affidavit, click here.
Price: $12.89M+
Buyer: IPF Arrowhead, LLC
Seller: KP Arrowhead, LLC
Property Type: Commercial
Property Size: 5 acres, 96,586 SF
Location: S of SEC 101 & W Bell Rd in Peoria (16150 N Arrowhead Fountains Center)
APN: 200-53-250A
Financing: Cash
To view the affidavit, click here.
Price: $11.706M+
Buyer: IPF Arrowhead, LLC
Seller: KP Arrowhead, LLC
Property Type: Commercial
Property Size: 5 acres, 96,586 SF
Location: S of SEC N Scottsdale Rd & E Cholla St in Scottsdale (11333 N Scottsdale Rd)
APN: 175-34-002L
Financing: Cash
To view the affidavit, click here.
Price: $10M
Buyer: K. Hovnanian at Pinnacle Peak Patio, LLC
Seller: Torino Holdings, LLC
Property Type: Commercial
Property Size: 9.2 acres, 39,928 SF
Location: 102nd Way & E Jomax Rd in Scottsdale (10424 E Jomax Rd)
APN: 216-80-004
Financing: $3M down on seller loan
To view the affidavit, click here.
