Below are the deals that closed Monday, February 29, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.
Price: $42.5M
Buyer: Ashton Pointe Holdings, LLC
Seller: Ashton Pointe Apartments, LP
Property Type: Apartments, Ashton Pointe
Property Size: 19.9 acres, 4,683 SF
Location: W of SWC N 119th Ave & W McDowell Rd in Avondale (12175 W McDowell Rd)
APN: 500-01-004Y
Financing: New loan
To view the affidavit, click here.
Price: $10M
Buyer: Riviera Partners, LLC
Seller: MRI Saddlehorn Riviera Investment Fund, LLC
Property Type: Apartments, Riviera Village Apartments
Property Size: 5.9 acres, 165 units
Location: N of NWC S Price Rd & E Broadway Rd in Tempe (1502-1532 S Price Rd)
APN: 133-01-341, 133-01-001H, 133-01-001J
Financing: $570k down on new conventional loan
To view the affidavit, click here.
Price: $9.95M
Buyer: Investment Property Exchange Services as QI for T&D Alder Creek Equity, LLC & Bean Sycamore Equity, LLC
Seller: Windsor Exchange Corp. as QI for RND6, LLC
Property Type: Apartments, Sycamore Square
Property Size: 5.5 acres, 120 units
Location: E of NEC S Dobson Rd & W Southern Ave in Mesa (1120 S Sycamore)
APN: 305-06-007
Financing: $2.95M down on new conventional loan
To view the affidavit, click here.
Price: $5.91M
Buyer: Venice Plaza, LLC
Seller: M-85th GrandAZ Land, LLC & M-85thGrandAZ, LLC
Property Type: Commercial
Property Size: 9.1 acres, 87,604 SF
Location: E of SEC N 91st Ave & NW Grand Ave in Peoria (8517 W Grand Ave)
APN: 142-45-945, 142-45-946
Financing: $2.06M+ down on new conventional loan
To view the affidavit, click here.
