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$5M+ Deals – $27M Multifamily Deal in East Valley

Below are the deals that closed Friday, April 8, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $27.25M
Buyer: WWC XIV, LLLP
Seller: ROC AZ Valencia, LLC
Property Type: Multifamily
Property Size: 15.9 acres
Location: NEC of N. Gilbert Rd. and E. Main St. in Mesa, AZ (111 N. Gilbert Rd.)
APN: 140-24-004D, 004C, 004E
Financing: $7.5M down on new loan
To view the affidavit, click here.

 

Price: $8,439,183
Buyer: Pipe Portfolio Owner (Multi) LP
Seller: Forterra Pipe & Precast, LLC
Property Type: Industrial
Property Size: 50 acres
Location: W. of the NWC of W. Northern Ave. and N. El Mirage Rd. in El Mirage (12600 W. Northern Ave.)
APN: 501-46-003R
Financing: Cash
To view the affidavit, click here.


Price: $6,084,670
Buyer: Luke Gilbert, LLC
Seller: San Tan Motorplex, Inc.
Property Type: Commercial
Property Size: 6.9 acres
Location: NWC of S. Val Vista Dr. and the Loop 202 San Tan Freeway
APN: 304-54-059, 092
Financing: $1,066,420 down on new loan
To view the affidavit, click here

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