$5M Deals – $20M Multifamily Sale

Below are the deals that closed by Thursday August 4, 2016 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $20.3M
Buyer: RNCV, LLC c/o Roselawn Management Co., LP
Seller: RSF Borrower, LLC c/o Bean Investment Real Estate
Property Type: Multifamily
Property Size:  207 units, 10.9 acres
Location: SW of the SWC of W. Peoria Ave. and N. 43rd Ave. in Glendale (10201 N. 44th Dr.)
APN: 148-06-590A
Financing: $5.075M down on new loan

To view the affidavit, 20160555566, click here.

 

Price: $8.8M
Buyer: Tricon/COB Dollbeer, LP
Seller: Empire Mobile Home Parks, LLC
Property Type: Mobile Home Park
Property Size: 16.587 acres
Location: SEC of E. Main St. and S Hawes Rd. in Mesa (8421 E. Main St.)
APN: 218-44-001F, 001G
Financing: $2.788M down, assumption of existing loan

To view the affidavit, 20160555606, click here.

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