$5M + Deals – Apartments Phoenix; Commercial Scottsdale

Below are the deals that closed by Monday May 23, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $58,550,000M
Buyer: Roc III AZ Monte Viejo, LLC  
Seller: EQR-Monte Viejo, LLC c/o Equity Residential
Property Type: Apartment complex
Property Size: 10.389 acres
Location: 2220 East Beardsley Road, Phoenix
APN: 213-08-118
Financing: New loan, conventional, $14,625,000 down
To view the affidavit 160348312, click here.

Price: $8,020,000M
Buyer: 7111 E Bell Road LLC   
Seller: MC Phoenix AZ Landlord, LLC
Property Type: Commercial drugstore
Property Size: 1.641 acres
Location: 7111 E Bell Road, Scottsdale
APN: 215-43-324
Financing: Cash
To view the affidavit 160349023, click here.

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