Phoenix · Commercial sale

Legacy Multifamily Holdings buys 4030 N 44th Ave in Phoenix for $22.6 million

An apartment complex at 4030 N 44th Ave, Phoenix sold for $22,600,000 on August 14, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 4030 N 44th Ave, Phoenix with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Maricopa County Assessor. The photo can predate the sale.
Sale price
$22,600,000
Sold
August 14, 2026
Property type
Apartment complex
Lot size
350,582 sq ft
Year built
1983

An apartment complex in Phoenix sold for $22,600,000 on August 14, 2026—16% below its $26,903,200 market value on the Maricopa County Assessor's records. Legacy Multifamily Holdings LLC acquired the property at 4030 N 44th Ave, according to the Assessor's parcel records.

The complex sits on 8.05 acres and was built in 1983, per the Assessor's records.

What this sale costs to close

What does closing cost at this price? Under Maricopa County custom the seller's larger charges are $41,855 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $22,473,484 before brokerage commissions and any loan payoff. A cash buyer would need about $22,516,719 at closing.

Customize this net sheet

4030 N 44th Ave, Phoenix, AZ.

Source: Maricopa County Assessor parcel records, document 20260483169. 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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