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  February 9, 2 018


Property Name
Address
City
No Units
SF
Sales Price
Price/SF
Unit SF Ave.
Sale Date
Year Built
Unit
Price
Unit Mix, % Down Payment, Lender; Previous Sale Date and Amount
Trails at Harris
1653 S. Harris Drive
Mesa
209
155,179
$22,100,000
$142.42
742 SF
2/5/2018
1983

$105,742
112-1/1's, 97-2/2's; 34% Down; New Freddie Mac Loan; Last Sale: 10/2015 $15,675,000 
Canyon Palms
6236 N. Black Canyon
Phoenix
143
71,411
$6,200,000
$86.82
499 SF
2/7/2018
1982

$43,357
142-1/1's, 1-2/1; Cash; Last Sale: 08/1999 $3,420,000
Dusk Scottsdale
3130 N. Hayden Road
Scottsdale
41
42,976
$11,600,000
$269.92
1,048 SF
2/7/2018
2016

$282,927
6-1/1's, 35-2/2's; Cash; No Prior Sale
Melrose Gardens
1320 S. Hardy Drive
Tempe
16
13,162
$2,150,000
$163.35
823 SF
2/8/2018
1974

$134,375
Mix Unknown; 45% Down; New Freddie Mac Loan; Last Sale: 06/2000 $550,000
Oakmar
7102 E. Oak
Scottsdale
15
10,764
$1,630,000
$151.43
718 SF
2/8/2018
1960

$108,667
11-1/1's, 4-2/1's; 39% Down; New Loan: Opus Bank; Last Sale: 8/1991 $246,310
Villatree
1750 S. Price Road
Tempe

150
101,516
$17,350,000
$170.91
677 SF
2/9/2018
1980

$115,667
17-0/1's, 55-1/1's, 78-2/1's; 29% Down; New Freddie Mac Loan; Last Sale: 10/3/2016 $14,000,000
Broadstone Fashion Ctr
555 S. Galleria Way
Chandler
335
412,704
$84,000,000
$203.54
1,232 SF
2/9/2018
2016

$250,746
208-1/1'S, 127-2/2'S; 35% Down; New Loan: KeyBank; No Previous Sale
 
SELLERS MAKING NICE PROFITS!!


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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