SOLDMultiFamily
Leon Capital Group Sells Scottsdale Multifamily Asset For $107.5 Million
7111 East Tierra Buena Lane
$107,500,000
Units
202
Asset Type
MultiFamily
Closing
May 12, 2025
AI
The property asset involved in this transaction is a MultiFamily development featuring 202 units located at 7111 East Tierra Buena Lane in Scottsdale, AZ. The total transaction amount was $107,500,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $107,500,000.00
- Address: 7111 East Tierra Buena Lane
- Market: Scottsdale, AZ
- Units: 202
- Seller: Leon Capital Group
The deal involved the seller, Leon Capital Group, who executed the transaction. No additional parties are noted as involved in this specific deal.
Players
CBREBrokerage
LG
Leon Capital GroupBuyer
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
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93