Multifamily property in Scottsdale, Ariz., sells for $145m

Liv Communities has sold Liv North Scottsdale, its 240-unit multifamily property in Scottsdale, Ariz., for $145 million.

Completed in 2014, Liv North Scottsdale’s spacious, contemporary apartment homes have nine-foot ceilings, full-size washers and dryers, walk-in closets, and private patios or balconies. Community amenities are led by a resort-style heated pool and spa, and a private cabana with flat-screen televisions. The rooftop patio has a firepit, an outdoor kitchen with a barbecue grilling station, bar seating and sweeping views of the Scottsdale Airpark and McDowell Mountains. Residents also receive access to rentable storage units, reserved covered parking, and a structured parking garage.

The property is within walking distance of Scottsdale Quarter and Kierland Commons, two central open-air destinations in North Scottsdale for upscale retail, dining and entertainment.

“Liv North Scottsdale is an elegant, artistically conceptualized collection of a