Thursday, December 10, 2015

Cambria Luxury Apartments in Gilbert Transact for over $24 Million

Area Map

Fairfield Residential has purchased the Cambria Luxury Apartments located near the northwest corner of Guadalupe and Gilbert. The $24.35 million transaction was financed through the assumption of an exisiting $10 million Fannie Mae loan as well as an additional $5.5 million in new debt with Fannie Mae.

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174 units make up the Cambria Luxury Apartment complex, including one, two, and three-bedroom unit sizes. It was built 2000 on 8.7 acres and includes one pool.

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