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$5M+ Deals – N Scottsdale apartments go for $68M

Posted by   /  April 1, 2016  /  No Comments

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Below is the deal that closed Thursday, March 31, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $68M
Buyer: IMT Capital III Desert Ridge, LLC
Seller: AG-Slavin Villa Salerno Owner, LLC
Property Type: Apartments, Salerno
Property Size: 17.7 acres, 412 units
Location: NEC Tatum Blvd & E Bell Rd in Scottsdale (17030 N 49th St)
APN: 215-11-723, 215-11-212C
Financing: $19.337M down on new conventional loan
To view the affidavit, click here.

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  • Published: 4 years ago on April 1, 2016
  • Posted by:
  • Last Modified: April 1, 2016 @ 11:13 am
  • Filed Under: Dealmaker, Real Estate

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