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7111 East Tierra Buena Lane

Leon Capital Group Sells Scottsdale Multifamily Asset For $107.5 Million
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

CBRE
CBREBrokerage

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