$5M+ Deals – $10M Multifamily Deal

Below are the deals that closed on Thursday June 9, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $10M
Buyer: Glendale Manor Enterprises LLC
Seller: Glendale Manor Owner LLC
Property Type: Multifamily
Property Size: 328 units, 11.7 acres
Location: East of SEC of W. Glendale Ave. and N. 67th Ave. in Glendale (5629 W. Glendale Ave.)
APN: 144-07-006F
Financing: $2.5M down on new loan
NOTE:  Rose Law Group represented the seller in this transaction

To view the affidavit, click here.

Price: $7M
Buyer: Roy’s Deer Valley Nursery LLC
Seller: William and Cynthia Cox
Property Type: Vacant
Property Size: Approx. 22 acres
Location: East of I-17 and south of Happy Valley Rd. on N. 23rd Ave. in Phoenix
APN: 502-37-001L
Financing: Cash

To view the affidavit, click here.

Price: $6.15M
Buyer: W.B.J Group LLC
Seller: Destiny-Phoenix West LLC
Property Type: RV Park
Property Size: 9 acres
Location: NWC of N. Citrus Rd. and W. Van Buren St. in Goodyear (416 N. Citrus Rd)
APN: 502-37-001L
Financing: $1.775M down on new  loan

To view the affidavit, click here.

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