$5M+ Deals – $24M for Mesa apartments, $21M in valley commercial

Below are the deals that closed Wednesday, September 9, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $24.76M
Buyer: Capital Real Estate – Springs at Alta Mesa, LLC
Seller: HSL Springs at Alta Mesa Apartments, LLC
Property Type: Apartments, The Springs at Alta Mesa
Property Size: 13.5 acres, 200 units
Location: N Higley Rd & E McKellips Rd in Mesa – 1865 N Higley Rd
APN: 141-44-464
Financing: $7.26M down on new loan

To view the affidavit, click here. For more info, click here.

Price: $10.4M
Buyer: PVM Holdings, LLC
Seller: Montevideo Investments, LLC
Property Type: Commercial
Property Size: 6.4 acres
Location: Tatum Blvd & E Cactus Rd in Phoenix – 4519 E Cactus Rd
APN: 167-32-001U
Financing: $5.9M down on new conventional loan

To view the affidavit, click here.

Price: $5.6M
Buyer: PV 48th Street, LLC
Seller: Max H. Baril and Elizabeth D. Baril, as Trustees
Property Type: Commercial
Property Size: 6 acres, 51,201 SF
Location: S 48th St & E Baseline Rd in Phoenix – 8040 S 48th St
APN: 301-14-047
Financing: Cash

To view the affidavit, click here.

Price: $5.6M
Buyer: Evergreen Propco IX, LLC
Seller: Young’s Holdings, LLC
Property Type: Commercial
Property Size: 5.6 acres, 114,504 SF
Location: S 51st Ave & S of W Van Buren St in Phoenix – 4911 W Jefferson St
APN: 104-02-014C
Financing: Cash

To view the affidavit, click here.

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