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 22 , 2017

Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
Addison
6525 N. 15th Place
Phoenix
68
71,712
$7,000,000
$97.61
1055 SF
12/19/2017
1969

$102,941
8-1/1's, 20-2/2's, 40-3's; 19% Down; New Loan: Bancorp Bank; Last Sale: 10/2015 $1,708,173
Pinnacle Terrace
801 N. Federal St.
Chandler
300
333,434
$56,000,000
$167.95
1,111 SF
12/20/2017
1998

$186,667
132-1/1's, 140-2/2's, 28-3's; Cash Sale; Last Sale: 07/2014 $39,200,000
Palm Valley
1891 N. Litchfield Rd.
Goodyear
264
266,296
$41,000,000
$153.96
1,009 SF
12/20/2017
1996

$155,303
80-1/1's, 136-2/2's, 48-3's; 27% Down; New Freddie Mac Loan; Last Sale: 07/2015 $27,200,000
Coronado Crossing
700 N. Coronado St.
Chandler
321
308,801
$57,750,000
$187.01
962 SF
12/21/2017
1998

$179,907
113-1/1's, 160-2/2's, 48-3's; Cash Sale; No Prior Sales
Deveron Arcadia
4120 N. 45th Place
Phoenix
10
7,844
$1,700,000
$216.73
784 SF
12/22/2017
1960

$170,000
5-1/1's, 4-2/1.5's, 1-3; Renovated in 2016/17;l 35% Down, New Loan: Opus Bank; Last Sale: 09/2016 $1,000,000
La Mirada
1350 E. Northern Ave.
Phoenix
300
234,600
$15,000,000
$63.94
782 SF
12/22/2017
1973

$50,000
72-1/1's, 108-2/1's, 72-2/2's, 48-3's; M/M;Cash Sale; Last Sale: Ind. Unit Sales at Various Prices
400 W. Pasadena
400 W. Pasadena
Phoenix
28
20,224
$2,340,000
$115.70
722 SF
12/22/2017
1959

$83,571
8-0/1's, 14-1/1's, 6-2/1's; 8$ Down; Loan from Firstbank Incl. Reno $; Last Sale: 03/1998 $715,000
 
ALL OF US AT THE KASTEN LONG COMMERCIAL GROUP WISH YOU A HAPPY HOLIDAY AND A MERRY CHRISTMAS!!


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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