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  August 11 , 2017


Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
Standard
6811 E. Main Street
Scottsdale
134
112,680
$43,000,000
$381.61
841 SF
8/10/2017
2016

$320,896
84-1/1's, 47-2/2's, 3-3's
Melrose 36
4435-4436 N. 8th Ave.
Phoenix
36
27,404
$3,700,000
$135.02
761 SF
8/11/2017
1963

$102,777
16-1/1's, 18-2/2's, 2-3's; All Renovated; 25 % Down; New Loan: B of A; Last Sale: 05/2014 for $1,800,000
Arcos Phx
1637 E. Missouri Ave.
Phoenix
51
22,800
$5,475,000
$240.13
447 SF
8/11/2017
1966

$107,353
42-0/1's, 9-1/1's; Totally Renovated ($40,000/Unit); 25% Down; New Freddie Mac Loan; Last Sold: 03/2014 for $2,100,000

 
Only Three Sales Last Week; But, Standard Set A High Water Mark!!!

WANT TO KNOW WHAT YOUR PROPERTY IS WORTH? CALL US.
WE ARE HAPPY TO PROVIDE A COMPLIMENTARY BROKER OPINION
OF VALUE ON YOUR PROPERTY.
 

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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