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  September 29 , 2017


Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
The Station on Central
4140 N. Central Ave.
Phoenix
414
372,089
$63,500,000
$170.66
899 SF
9/26/2017
2001

$153,382
240-1/1's, 42-2/1's, 120-2/2's, 12-3's; 35% down; New Fannie Mae Loan; Last Sale: 06/2014 for $53,000,000
West Town Court
8400 W. Virginia Ave.
Phoenix

274
268,590
$34,475,000
$128.36
980 SF
9/27/2017
2009

$125,821
138-1/1's, 120-2/2's, 16-3's; 26% down; New Freddie Mac Loan; Last Sale: 4/30/2012 for $21,646,000
Huntington Gardens
6542 N. 17th Avenue
Phoenix
16
16,496
$1,250,000
$75.78
1,031 SF
9/28/2017
1964

$78,125
2-1/1's, 2-2/1's, 10-2/2's, 2-3's; 12% down; New Loan: Bank 34; Last Sale: 05/2013 for $885,000
Lee Villa
3212 N. 37th Street
Phoenix
12
10,506
$2,295,000
$218.45
876 SF
9/28/2017
1969

$191,250
11-2/1's, 1-3; Totally Renovated; 52% Down; New Loan: Opus Bank; Last Sale: 11/2015 for $700,000
 
WANT TO KNOW WHAT YOUR PROPERTY IS WORTH? CALL US. 
WE ARE HAPPY TO PROVIDE A COMPLIMENTARY BROKER OPINION
OF VALUE ON YOUR PROPERTY.
 

Glenn Isle
7011 N. 68th Drive
Glendale
22
11,178
$1,195,000
$106.91
508 SF
9/28/2017
1968, 1970

$54,318
14-1/1's, 8-2/1's; 30% Down; New Loan: AZ Central CU; Last Sale: 01/2016 for $600,000
Sonoma View
3030 E. Broadway
Mesa
126
97,146
$11,450,000
$117.86
771 SF
9/29/2017
1984

$90,873
18-1/1's, 108-2/2's; 18% Down; New Loan: Arbor Realty Trust; Last Sale: 05/2013 for $5,850,000
Hampton on 26th St.
4227 & 4231 N. 26th 
Phoenix
10
7,544
$1,490,000
$197.51
754 SF
9/29/2017
1963, 1975

$149,000
6-1/1's, 4-2/1's; Totally Renovated; 38% down; New Loan: Wash Fed. Last Sale: 05/2016 for $571,000
Deer Valley Village
19645 N. 31st Ave.
Phoenix
832
753,182
$125,500,000
$166.63
905 SF
9/29/2017
1996

$150,841
360-1/1's, 96-2/1's, 260-2/2's, 116-3's; 30% Down; New Loan: Key Bank; Last Sale: 09/2015 for $100,500,000
Highlands at Spectrum
1456 E. Pecos Road
Gilbert
284
262,018
$40,050,000
$152.85
923 SF
9/29/2017
2006

$141,021
24-0/1's, 120-1/1's, 140-2/2's; 31% Down; New Fannie Mae Loan; No Prior Sale

Data Source: CoStar, BREW, Vizzda plus personal information
Map of Available Apartments
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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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