Updated Aug 22, 2025
Tides Equities Acquires Multifamily Property In Phoenix For $43.8M
1502 East Osborn Road, Phoenix, AZ, USA
$43,800,000
$141/SF
Building Size
310,498 SF
Asset Type
MultiFamily
Closing
Nov 8, 2021
About this deal
AI
The multifamily property located at 1502 East Osborn Road in Phoenix, AZ has been sold for $43,800,000. The property consists of 185 units, with a price per unit of $236,756.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $43,800,000
- Address: 1502 East Osborn Road, Phoenix, AZ
- Market: Phoenix, AZ
Tides Equities, represented by Sean Kia, acquired the property from the seller, Emma Capital. The deal was facilitated by Colliers International.
The multifamily sale at 1502 East Osborn Road, Phoenix, AZ, USA in Phoenix, Arizona sold for $43.8M in 2021. Reported inventory is 310,498 square feet across 185 units, or about 141 per square foot. Named participants on the 1502 East Osborn Road, Phoenix, AZ, USA sale are Sean Kia. This page is the Phoenix, Arizona file for the 1502 East Osborn Road, Phoenix, AZ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Phoenix sit in the Market section below. Filter that Phoenix multifamily set by closing date to see what else sold near 1502 East Osborn Road, Phoenix, AZ, USA around 2021. Published consideration for 1502 East Osborn Road, Phoenix, AZ, USA is $43.8M, dated 2021. Cite this Tides Equities Acquires Multifamily Property In Phoenix For $43.8M sale when underwriting similar multifamily product around Phoenix, Arizona.
Players
Phoenix MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93