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Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


Email
Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


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Weekly Apartment Closing Update through  August 24, 2018



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
Casa Tierra
3815 N. 16th Street
Phoenix
200
132,434
$16,050,000
$121.19
662 SF
8/21/2018
1981

$80,250
28-0/1's, 138-1/1's, 34-2/1's; 0 Down; New Loan: Sound Point Capital for $17MM; Last Sale: 01/2005 $6,500,000
Los Olivos
7625 N. 19th Avenue
Phoenix
60 of 64


$5,846,020
8/21/2018
1968

$97,434
2/2's and 3/2's; 0 Down; New Loan: BOK Financial Corp for $5,901,570
Summer Cove
1941 W. Morten Ave.
Phoenix
20
14,380
$2,150,000
$149.51
719 SF
8/22/2018
1969-1970

$107,500
13-1/1's, 7-2/1's, Private Financing; Last Sale: 08/2016 $1,600,000
Valencia Crossing
111 N. Gilbert Road
Mesa
397
263,144
$37,500,000
$142.51
663 SF
8/23/2018
1984

$94,458
132-1/1's, 265-2/1's; 26% Down; New Freddie Mac Loan; Last Sale: 04/2016 $27,250,000
Wilshire Pines
208 E. Baseline
Tempe
172
139,254
$22,250,000
$159.78
810 SF
8/23/2018
1980

$129,360
82-1/1's, 82-2/1's, 46-2/2's; 4% Down; Last Sale: 06/1993 $3,000,000
Woodstream Village
1230 N. Mesa Drive
Mesa
156
136,500
$20,650,000
$151.28
875 SF
8/24/2018
1982

$132,372
78-1/1's, 78-2/2's; 34% Down; Assumed & New Fannie Mae Financing; Last Sale: 07/2016 $15,100,000
Paradise Square
3015 E. Paradise Lane
Phoenix
42
34,683
$3,525,000
$101.63
826 SF
8/24/2018
1985

$83,929
2-1/1's, 40-2/1's; 25% Down; New Freddie Mac Loan; Last Sale: 03/2014 $775,000

Thank-you, Senator McCain, for your service and for your love for 
Arizona and our Country.  You are a true Statesman and a hero.



Data Source: CoStar, BREW, Vizzda plus personal information

Map of Available Apartments
We keep track of all apartments advertised. The interactive map shows the location and amount of units. Please check out our interactive map or for more details or contact us at 602 677 0655.

 
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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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