Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


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Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


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Weekly Apartment Closing Update through  September 01 , 2017


Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
Los Jardines
837 E. Montecito Ave.
Phoenix
28
20,392
$2,187,500
$107.27
728 SF
8/28/2017
1981

$78,125
12-1/1's, 16-2/2's; 35% Down; New Loan: First Foundation Bank; Last Sale: 08/2015 for $1,360,000
Anzio
1330 W. Broadway Rd.
Tempe
240
184,752
$25,700,000
$139.11
770 SF
8/28/2017
1971

$107,083
96-1/1's, 108-2/1's, 36-2/2's; M/M; 25% Down; New Freddie Mac Loan; Last Sale: 08/2015 for $19,500,000
Los Compadres
3518 W. Dunlap Ave.
Phoenix
96 of 191
86,386
$4,560,000
$52.79
900 SF
8/28/2017
1974

$47,500
25-1/1's, 71-2/2's; M/M; 30% Down; New Loan: Banner Bank; Last Sale: 12/2013 for $2,400,000

 
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Versante
11120 W. Van Buren
Avondale
336
287,507
$45,650,000
$158.78
856 SF
8/29/2017
2007

$135,863
112-1/1's, 64-2/1's, 120-2/2's, 40-3's; 35% Down; New Freddie Mac Loan; No prior sales.
San Ventura
3600 W. Ray Road
Chandler
272
299,304
$47,600,000
$159.04
1100 SF
8/31/2017
1995

$175,000

104-1/1's, 144-2/2's, 24-3's; 31% Down; New Loan: Hunt Mortgage; Last Sale: 07/2012 for $29,650,000
Park Mesa
1547 E. Broadway
Mesa
42
35,632
$3,850,000
$108.05
848 SF
8/31/2017
1984

$91,667
11-1/1's, 31-2/2's; 38% down; New Loan: Wash. Fed.; Last sale: 09/2016 for $2,537,000
Marble Creek
5601 W. McDowell
Phoenix
244
106,080
$16,750,000
$81.28
845 SF
8/31/2017
1985

$68,648
108-1/1's, 48-2/1's, 88-2/2's; 22% Down; New Freddie Mac Loan; Last Sale: 10/2015 for $12,100,000
Chateau Gardens
6105 N. 59th Ave.
Glendale
183
82,800
$8,721,500
$105.33
452 SF
9/1/2017
1977

$47,658
92-0/1's, 90-1/1's, 1-2/2; 2% Down ($194,000); Seller Carry; Last Sale: 09/1977 $2,184,000

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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