Updated Oct 29, 2025
Sares Regis Group Sells 163-Unit Multifamily Community In Chandler For $46 Million
2300 West Pecos Road
$46,000,000
Units
163
Asset Type
MultiFamily
Closing
Oct 27, 2025
About this deal
AI
The sale involved the multifamily asset situated at 2300 West Pecos Road in Chandler, AZ. The property encompasses 163 units, which translates to a price per unit of $282,209. The transaction took place at a sale price of $46,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $46,000,000
- Units: 163
- Price per Unit: $282,209
- Seller: Sares Regis Group
- Market: Chandler, AZ
- Loan Amount: $24.6 million
- Lender: NorthMarq Capital
Sares Regis Group facilitated the sale of the Monument community, experiencing an 18% loss from its acquisition in 2021. The transaction highlights the activities of the various stakeholders involved in the deal.
On the Map
$46,000,000
MultiFamily
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Players
Chandler 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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93