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  May 18, 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
Prescott on Thomas
1645 E. Thomas Rd.
Phoenix
382
207,311
$33,350,000
$160.87
543 SF
5/14/2018
1964, 1970

$87,304
21-0/1's, 218-1/1's, 143-2/2's; M/M; 25% Down; New Loan: Freddie Mac; Last Sale: 04/2015 $24,350,000
Pavilions on Central
1 W. Campbell Ave.
Phoenix
254
281,169
$59,000,000
$209.50
1,109 SF
5/16/2018
2001

$232,283
97-1/1's, 125-2/2's, 32-3's; 30% Down; New Freddie Mac Loan; Last Sale: 06/2013 $46,918,720
Rosa Vista
7537 N. 21st Ave.
Phoenix
11
9,650
$1,220,000
$126.42
877 SF
5/16/2018
1948, 1970

$110,909
5-1's, 6-2/1's; 26% Down; New Loan: Wash. Fed; Last Sale: 08/2015 $700,000

320 E. Portland
Phoenix
18
11,954
$2,593,000
$216.91
664 sf
5/17/2018
1909, 1921, 1961, 1963

$144,056
Mix Unknown; Information needs to be verified.
Galleria Palms
1600 W. La Jolla Dr.
Tempe
568
442,003
$75,100,000
$169.91
778 SF
5/17/2018
1997

$132,218
224-1/1's, 72-2/1's, 224-2/2's, 48-3's; 30% Down; New Freddie Mac Loan; Last Sale: 01/2000 $43,350,000
Eclipse
2641 W. Butler Ave.
Phoenix
75
53,578
$4,875,000
$90.99
714 SF
5/18/2018
1972

$65,000
15-0/1's, 15-1/1's, 45-2/1's; M/M; Cash Sale; Last Sale: 1/30/2015 $2,912,500
Royal Villa
1110 E. Turney
Phoenix
19
8,874
$950,000
$107.50
467 SF
5/17/2018
1946

$50,000
7-0/1's, 12-1/1's; Cash Sale
Double Escrow - See Below
Royal Villa
1110 E. Turney
Phoenix
19
8,874
$1,200,000
$135.23
467 SF
5/17/2018
1946

$63,158
Cash Sale; Double Escrow

Another week of strong sales.  Prices are commensurate 
with age and location.


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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