Cameron Carter, Director of Rose Law Group’s Transactional Real Estate Department, thinks you need to know about these transactions in Maricopa County.
Price: $39,750,000
Buyer: Tides on Rail Owner, LLC
Seller: HUSA MR MOTR, LLC
Property Type: Apartment
Property Size: 416,238 SQ FT
Location: 1922 and 1930 West Las Palmaritas D, Phoenix
APN: 158-06-023D – 024D
Financing: New loan, conventional
To view the affidavit: 190322608, click here.
Price: $7,030,513
Buyer: Peoria Avenue Investors, LLC
Seller: HUSA MR 8650WPP, LLC
Property Type: Commercial
Property Size: 205,920 SQ FT
Location: 55 South 65th Avenue, Phoenix
APN: 104-17-009
Financing: Cash
To view the affidavit: 190329520, click here.
Seattle buyer shows some moxy with $26M Peoria buy
By Mike Sunnucks | Rose Law Group Reporter
Seattle-based Goodman Real Estate has bought a West Valley apartment complex for $26 million.
Goodman acquired Modern on Peoria at 8650 West Peoria Avenue. The multifamily complex has 216 units.
It has been rebranded under the name Moxi. The sale price works out to $120,370 per unit.
The seller was Henley Investments, a British private equity firm. Henley acquired Modern on Peoria in 2017.
Goodman has some other multifamily investments in the Phoenix market.
