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  April 13, 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
Grandview Terrace
2424 E. Grandview Rd.
Phoenix
36
23,850
$1,925,000
$80.71
663
4/9/2018
1984

$53,472
3-0/1's, 6-1/1's, 27-2/1's; 9% Down; New Loan: Ready Cap Com'l.; Listed 8/2017 $2,360,000; Last Sale:03/2016 $1,570,000
Canyon Greens
6324 N. Black Cny. Fwy.
Phoenix
44
29,676
$2,250,000
$75.82
674 SF
4/9/2018
1972

$51,136
2-0/1's, 38-1/1's, 4-2/2's; 10% Down; New Loan: Terracotta Group; Last Sale: 04/2008 $1,912,500
Greentree Place
250 S. Elizabeth Circle
Chandler
256
229,769
$35,000,000
$156.55
873 SF
4/10/2018
1987

$136,719
112-1/1's, 16-2/1's, 104-2/2's, 24-3's; 25% Down; New Loan: Canadian Imperial Bank; Last Sale: 03/2017 $27,150,000
Del Sol
6534 W. Montebello 
Glendale
218
113,380
$11,750,000
$103.63
520 SF
4/11/2018
1963

$53,899
49-0/1's, 145-1/1's, 22-2/1's, 2-3's; M/M; 24% Down; New Fannie Mae Loan; Last Sale: 06/2014 $4,796,000
Sienna Springs
5120 N. 16th Street
Phoenix
395
207,509
$29,000,000
$139.75
525 SF
4/11/2018
1974

$74,418
164-0/1's, 185-1/1's, 23-2/1's, 23-2/2's; M/M; 31% Down; New Freddie Mac Loan; Also bought the office complex next door; Last Sale: 08/2015 $20,500,000
Whitewater
4401-4415 N. 23rd Av
Phoenix
12
7,566
$760,000
$100.45
631 SF
4/11/2018
1961

$63,333
Four-4-plexes; 9-1/1's, 3-2/1's; 25% Down; New Loan: Wash. Fed.; Last Sale: 07/2017 $630,000
Sol at Christown
1717 W. Missouri
Phoenix
24
14,297
$1,700,000
$118.91
596 SF
4/12/2018
1964

$70,833
23-1/1's, 1-2/1; Last Sale: 08/2016 $1,695,000

Another strong week for apartment sales.  
"Phoenix Strong"
(That would look good on a Tee-Shirt!)


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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