Rockwell Property Company Acquires 182-Unit Hayden Park Multifamily In Scottsdale For $42 Million
3015 North Hayden Road
$42,000,000
Units
182
Asset Type
MultiFamily
Closing
Aug 6, 2026
AI
Rockwell Property Company acquired a multifamily asset, Hayden Park, located at 3015 North Hayden Road in Scottsdale, Arizona. This 182-unit apartment community spans across 8.7 acres and features one- and two-bedroom apartments, casita-style units, and various amenities, including pools, a fitness center, and a co-working lounge. The sale occurred for a total consideration of $42 million.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $42,000,000
- Units: 182
- Price Per Unit: $230,769
- Address: 3015 North Hayden Road
- Market: Scottsdale, AZ
- Acres: 8.7
Cushman & Wakefield’s team consisting of Steven Nicoluzakis, David Fogler, and Jaxx Davies represented the undisclosed seller in this transaction. This acquisition marks Rockwell Property Company's seventh investment in Arizona.
Players
North Hayden 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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93