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Phoenix & Southwest  + Phoenix  + Apartments  | 
LivCor sells Arches at Hidden Creek

LivCor Spins Off Chandler Apartments for $95.5M

Brookfield Properties has acquired Arches at Hidden Creek, a 432-unit property in Chandler, for $95.5 million. LivCor was the seller.

Completed in 1986, Arches at Hidden Creek is at 1586 W. Maggio Way, 2 miles from downtown Chandler. Phoenix Sky Harbor International Airport is 16 miles away, while downtown Phoenix is less than 22 miles northwest.

Commercial Edge reports LivCor previously acquired the asset in November 2019 for $84 million. Security Properties was the seller.

The community comprises 24 two-story buildings across 22 acres. The unit mix features one-, two- and three-bedroom floorplans with private balconies or patios, varying from 657 to 1,066 square feet.

Amenities include a fitness center, a clubhouse, four swimming pools and two spas. The property also has a sundeck, outdoor lounge area and yoga room, as well as grilling stations and more than 730 parking spots.

Read More News Stories About: Brookfield Properties
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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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