$5M+ Deals – $19.5M Tempe apartments; Avondale commercial

Below are the deals that closed Friday, August 28, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $19.5M
Buyer: WWC VII, LLLP
Seller: Gelt Broadway Holdings, LLC
Property Type: Apartments, Anzio Apartment Homes
Property Size: 8.9 acres, 240 units
Location: S Priest Dr & W Broadway Rd in Tempe – 1330 W Broadway Rd
APN: 124-75-044M
Financing: $4M down on new loan

To view the affidavit, click here.

Price: $7.6M
Buyer: WFC Avondale Fiesta, LLC
Seller: WA Avondale 1, LLC 1-9 & 12, 13, 15
Property Type: Commercial, Avondale Fiesta Shopping Center
Property Size: 1.6 acres
Location: SEC of S Avondale Rd & MC 85 in Avondale – 11435 W Buckeye Rd
APN: 101-20-744 & 101-20-0742
Financing: Cash

To view the affidavit, click here.

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