$5M+ Deals – Mesa apartments; AJ & Phoenix Mobile Home Parks

Below are the deals that closed Monday, November 2, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $29.2M
Buyer: Greenfield Road Apartments Tic I, LLC & Greenfield Road Apartments II, LLC
Seller: Wyndhaven Mesa Apartments, LLC
Property Type: Commercial (Residential Multiple Dwelling)
Property Size: 14.7 acres, 248 units
Location: S of SEC S Greenfield Rd & E Southern Ave in Mesa – 1361 S Greenfield Rd
APN: 140-55-192B
Financing: $11.9M down on new loan

To view the affidavit, click here.

Price: $9M
Buyer: Arizona Bonanza, LLC
Seller: Highlander Real Estate Investments, LLC
Property Type: Mobile Home Park
Property Size: 14.5 acres, 123 units
Location: E of NEC S Crismon Rd & E Main St in Apache Junction – 10220 E Apache Trl
APN: 220-42-012A, 220-42-029, 220-44-007
Financing: $3.5M down on new conventional loan

To view the affidavit, click here.

Price: $5.09M
Buyer: Buffalo Ridge MHC, LLC
Seller: Buffalo Ridge, LLC
Property Type: Mobile Home Park
Property Size: 17 acres, 148 units
Location: W of N Cave Creek Rd & S of E Union Hills Dr in Phoenix – 18216 N 21st Pl
APN: 214-07-017C, 214-07-029, 214-07-030, 214-07-031, 214-07-032, 214-07-033
Financing: $120K down

To view the affidavit, click here.

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