$5M + Deals – Apartments Phoenix, Chandler; 47 acres in Gilbert

Below are the deals that closed by Monday May 2, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $42,800,000M
Buyer: Tramonto Apartments, LLC

Seller: Ironhorse at Tramonto, LLC
Property Type: Apartment buildings
Property Size: 14.543 acres
Location: 
34807 N 32nd Drive, Phoenix
APN: 203-26-943
Financing: Tax exempt bonds, $500,000 down
To view the affidavit, click 
here.

Price: $26,970,000M
Buyer: EQ San Marcos Two LLC

Seller: Alta Vista Communities ASNW LLC
Property Type: Detached rental units
Property Size: 12.83 acres
Location: 
900 S. Alma School Road, Chandler
APN: 303-23-006 A; 303-23-007A; 303-23-012B, C; 303-23-013B
Financing: Assumption of existing loans, $8,665,000 down
To view the affidavit, click 
here.

Price: $20,832,000M
Buyer: Val Vista Retail I, LLC

Seller: LF2 Val Vista, LP
Property Type: Detached rental units
Property Size: 9.588 acres
Location: 
901 S. Alma School Road, Chandler
APN: 303-21-005H; 303-21-005L; 303-21-005M
Financing: Assumption of existing loans, $8,665,000 down
To view the affidavit, click 
here.

Price: $16,700,000M
Buyer: Val Vista Retail I, LLC

Seller: LF2 Val Vista, LP
Property Type: Commerical
Property Size: 10.046 acres
Location: 
1395 E. Warner Rd., Gilbert
APN: 304-25-908; 304-25-910; 304-25-911; 304-25-002V
Financing: New loan, $4,700,000 down
To view the affidavit, click 
here.

Price: $13,693,600M
Buyer: San Tan AZ, LLC a Nevada LLC

Seller: Arcus Williams Field-EP, LLC
Property Type: Vacant Land
Property Size: 47,678 acres
Location: 
E Williams Field Rd & S Val Vista, Gilbert
APN: 304-46-016P; 304-46-016Q; 304-46-977; 304-46-017P; 304-46-017Q; 304-46-016R
Financing: Cash
To view the affidavit, click 
here.

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