Updated Oct 28, 2024
Harbor Group International LLC Sells Scottsdale Multifamily For $96.3M
9320 East Vía de Ventura, Scottsdale, AZ 85258, USA
$96,300,000
$230/SF
Building Size
417,986 SF
Asset Type
MultiFamily
Closing
Oct 12, 2021
About this deal
AI
A multifamily property located at 8375 East Vía de Ventura in Scottsdale, AZ has been sold in a recent transaction. The property consists of 329 units and was sold for a price of $96,300,000, resulting in a per-unit price of $292,705.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $96,300,000
- Units: 329
- Price Per Unit: $292,705
The seller of the property was Harbor Group International LLC, represented by T. Richard Litton. The sale was facilitated by the brokerage firm CBRE.
On the Map
$96,300,000
$230/SF
MultiFamily
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Scottsdale 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
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93