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  March 30, 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
Summerhill Place
6801 W. Ocotillo Rd.
Glendale
232
188,312
$19,775,000
$105.01
812 SF
3/27/2018
1985

$85,237
88-1/1's, 144-2/2's; 30% Down; New Freddie Mac Loan; Last Sale: 09/2016 $14,450,000
56 North
21021 N. 56th Street
Phoenix
344
374,801
$77,000,000
$205.44
1,089 SF
3/29/2018
2016

$223,837
182-1/1's, 162-2/2's; 40% Down; New Loan: Sun Life Assurance; No Prior Sale
Ten01
1001 E. Playa Del Norte
Tempe
523
435,536
$115,000,000
$264,04
833 SF
3/30/2018
2006

$219,885
96-0/1's, 230-1/1's, 11-2/1's, 174-2/2's, 9-3's, 13-4's; 42% Down; Last Sale: 10/2014 Note Purchase
La Villa
4117 N. 15th Avenue
Phoenix
30
23,938
$1,750,000
$73.11
798 SF
3/30/2018
1973

$58,333
18-1/1's, 12-2/2's; M/M; Cash Sale; Last Sale: 06/2015 $1,000,000
Arcadia Condos
3426 N. 38th Street
Phoenix
12
8,724
$1,380,000
$158.18
727 SF
3/30/2018
1960

$115,000
8-1/1's, 4-2/2's; 42% Down; New Loan: Banner Bank;
Pineview Meadows
8827-8843 N. 3rd St.
Phoenix
21
10,947
$1,600,000
$146.16
521 SF
3/30/2018
1963, 1983

$76,190
6-0/1's, 12-1/1's, 3-2/1's; Cash Sale; Last Sale: 03/2017 $925,000
ReNue on Orange
1137 &1140 E. Orange
Tempe
110
94,980
$13,000,000
$136.87
863 SF
3/30/2018
1968

$118,182
52-1/1's, 58-2/2's; M/M; Renovated; 29% Down; New Freddie Mac Loan; Last Sale: 06/2013 $5,578,980

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Data Source: CoStar, BREW, Vizzda plus personal information

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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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