Scottsdale Commons Apartments (Sold)
ASSET OVERVIEW
SCOTTSDALE | ARIZONA
PERFORMANCE
Deal Multiple
1.62x
Total ROI
62%
IRR
15.7%
ABOUT THE ASSET
Caliber sold the Scottsdale Commons in March 2015 asset for $8,600,000.
Acquired in 2011 for 3,725,226, Mirasol Apartments is a 125-unit garden style apartment complex built in 1970 and updated in 2005. The property consists of 7, two story buildings with a pool, outdoor eating area and playground. The property is individually metered for electricity. It’s located in southeast Scottsdale just off of HWY 101., just minutes from Old Town Scottsdale, shopping centers, sports venues, casinos , bars and other entertainment venues.
LOCATION
8750 E. McDowell, Scottsdale, AZ
Want to know more about this specific asset?
186-CAL-101922