Phoenix · Commercial sale
BC JSM Spe buys 28201 N Black Canyon Hwy in Phoenix for $58.7 million
An apartment complex at 28201 N Black Canyon Hwy, Phoenix sold for $58,700,000 on August 26, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $58,700,000
- Sold
- August 26, 2026
- Property type
- Apartment complex
- Lot size
- 457,686 sq ft
- Year built
- 2022
An apartment complex at 28201 N Black Canyon Hwy in Phoenix sold for $58,700,000 on August 26, 2026, according to Maricopa County Assessor's parcel records. The sale price came in 14% below the market value of $68,609,500 listed on the tax roll.
BC JSM Spe LLC, BC Petersen Spe LLC and Black Canyon Apartments Spe LLC purchased the property, according to the Assessor's records.
The complex sits on a 10.51-acre lot and was built in 2022, the Assessor's records show.
What this sale costs to close
What does closing cost at this price? Under Maricopa County custom the seller's larger charges are $106,835 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $58,362,811 before brokerage commissions and any loan payoff. A cash buyer would need about $58,471,026 at closing.
Source: Maricopa County Assessor parcel records, document 20260505347. 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.
