Camellero & Indian Bend Apartments | Scottsdale Multifamily Sale

7979 E Camelback Road

Scottsdale, AZ 85251

Price: $61,525,000

Total Units: 626

Total SF: 622,606

Year Built: 1973

COE: 7/01/2013

NOTES: Camellero Apartments, a multifamily property located at 7979 E Camelback Road, and Indian Bend Apartments, a multifamily family property located at 4343 N 78th Street sold on July 1, 2013 for $61.525 million, or about $98,283 per unit. Camellero Apartments and Indian Bend Apartments were developed independently and have different community names, but have been operated as one property with a total of 626 units for some time. The Camellero Apartments consist of 348 units constructed in 1979. The Indian Bend Apartments consist of 278 units constructed in 1973.

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