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$5M+ Deals – $13.9M Phoenix apartments

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Below is the deal that closed Tuesday, September 15, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions.

Price: $13.9M
Buyer: Copper Palms Apartments, LLC
Seller: Paradise Shadows Phoenix Limited Partnership
Property Type: Apartments, Copper Palms
Property Size: 6.3 acres, 206 units
Location: N Cave Creek Rd & E Sweetwater Ave in Phoenix – 12810 N Cave Creek Rd
APN: 166-12-018F, 166-12-033, 166-12-032
Financing: $3.175M down on new conventional loan

To view the affidavit, click here.


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