SCOTTSDALE, ARIZ. — Leon Capital Group subsidiary Leon Multifamily has completed the disposition of Soltra Kierland, a 202-unit property in Scottsdale. A private investor purchased the asset for $107.5 million. Matt Pesch, Asher Gunter, Sean Cunningham and Austin Groen of CBRE represented the seller in the transaction.
Soltra Kierland was built in 2024. Apartments feature wood-style flooring, custom built-ins, washers and dryers, walk-in closets, custom cabinetry, walk-in rain showers, stainless steel appliances, eat-in kitchen islands and quartz countertops. Select units also include quartz waterfall island countertops, black stainless steel appliances, gas stoves, an under-counter wine fridge, soaking tubs and floor-to-ceiling bifold patio doors.
Residents have access to shared amenities such as a pool, spa, sunning decks, fire features, barbecue grills, a corn hole grotto and an entertainment deck. The property also includes a resident clubhouse with a retro-style speakeasy with beer taps. Additional amenities include a two-story fitness center with cardio and weight training equipment and a yoga terrace; a Soltra cafe Wi-Fi lounge; an off-leash dog park; a climate-controlled dog lounge and pet spa; and electric vehicle charging stations.