$5M + Deals – Apartments Phoenix; Commercial Tempe

Below are the deals that closed by Wednesday May 18, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $45,500,000M
Buyer: KB Arboretum Holding, LLC

Seller: AMFP I Arboretum LLC
Property Type: Apartment complex
Property Size: 12.508 acres
Location:
15251 South 50th Street, Phoenix
APN: 301-84-175
Financing: New loan, conventional, $13,700,000 down
To view the affidavit 160337255, click 
here.

Price: $9,936,000M
Buyer: BKM Twins 115, LLC

Seller: SFERS Real Estate Corp L
Property Type: Commercial
Property Size: 6.448 acres,  sq 280,914
Location:
1430 – 1454 & 1602 – 1638 West 12th Place, Tempe
APN: 124-58-032C – 034C
Financing: New loan, conventional, $3,669,381.27 down
To view the affidavit 160336993, click 
here.

Price: $7,200,000M
Buyer: BKM Ash 113, LLC

Seller: SFERS Real Estate Corp M
Property Type: Commercial
Property Size: 5.956 acres, sq 75,823
Location:
4666 – 5010 South Ash Avenue, Tempe
APN: 133-41-633 – 634, 636 – 640
Financing: New loan, conventional, $2,256,630.40 down
To view the affidavit 160336954, click 
here.

Price: $7,000,000M
Buyer: BKM Elliot 114, LLC

Seller: SFERS Real Estate Corp M
Property Type: Commercial
Property Size: 8.011 acres, sq 348,977
Location:
1819 – 1849 West Drake Drive, Tempe
APN: 301-41-174A
Financing: New loan, conventional, $2,209,988.33 down
To view the affidavit 160337350, click 
here.

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