Phoenix · Commercial sale

Cadia Crossing GSL Fund buys 230 E Civic Center Dr in Gilbert for $80 million

An apartment complex at 230 E Civic Center Dr, Gilbert sold for $80,000,000 on September 23, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 230 E Civic Center Dr, Gilbert with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Maricopa County Assessor. The photo can predate the sale.
Sale price
$80,000,000
Sold
September 23, 2026
Property type
Apartment complex
Lot size
574,279 sq ft
Year built
2017

An apartment complex at 230 E Civic Center Dr in Gilbert sold for $80,000,000 on September 23, 2026. Maricopa County Assessor's parcel records show the price was 32% above its recorded market value.

The records list Cadia Crossing GSL Fund LLC as the buyer.

The Assessor's records show a build year of 2017 and a 13.18-acre lot. The market value on record is $60,409,300.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Maricopa County?

By our estimate, the seller's two largest charges, not counting prorations, were $145,175 for the owner's title insurance policy and $650 for the escrow fee. Who pays what follows Maricopa County custom.

How much did the seller net?

By our estimate, the seller netted about $79,504,317. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $79,650,872 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

230 E Civic Center Dr, Gilbert, AZ.

Source: Maricopa County Assessor parcel records, document 20260557460. Property details: Maricopa County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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