Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


Email
Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


Email
Weekly Apartment Closing Update through  December 29 , 2017

Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
Casa Monte Vista
120 W. Dobbins Rd.
Phoenix
45
36,420
$2,800,000
$76.88
809 SF
12/26/2017
1985

$62,222
45-2/1's; 29% Down; New Loan: Hunt Mortgage Group; Last Sale: 02/2014 $1,550,000
Mesa Royale
1825 N. Stapley Road
Mesa
152
125,013
$21,750,000
$173.98
822 SF
12/28/2017
1985

$143,092
20-0/1's, 64-1/1's, 34-2/1's, 28-2/2's, 6-3's; 28% Down; New Loan: Grass Rive R.E.; Last Sale: 08/2012 $9,725,000
Avalon
3851 N. 28th Street
Phoenix
117
96,750
$13,700,000
$141.60
827 SF
12/28/2017
1973

$117,094
81-1/1's, 36-2/2's; 34% Down; New Loan: Artemis Realty Capital; Last Sale: 12/2015 $8,350,000
Erin Place
715 E. Vogel
Phoenix
16
10,320
$960,000
$93.02
645 SF
12/28/2017
1983

$60,000
8-1/1's, 8-2/1's; 42% Down; New Loan: Unison Bank; Last Sale: 09/2009 $301,000

1301 - 1325 M. 50th St
Phoenix
16
10,816
$680,000
$62.87
676 SF
12/29/2017
1960

$42,500
12-1/1's, 4-2/1's; 25% Down; New Loan: KS State Bank; Last Sale: 12/2003 Price Unknown
 

TO A PROSPEROUS NEW YEAR!!


Data Source: CoStar, BREW, Vizzda plus personal information
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About Us 
The Kasten Long Commercial Group has specialized in apartment brokerage in metro Phoenix since 1998. Our agents have brokered more than 1,000 communities with gross sales in excess of 1 billion dollars.

Kasten Long Commercial Group

5110 N 40th Street, Suite 110 Phoenix, AZ 85018
Designated Broker - Jim Kasten, CCIM
602 445 4113 office - 602 677 0655 cell
Jim@KLCommGroup.com

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