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  February 16, 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
Camelback Palms
3734 W. Camelback 
Phoenix
32
19,840
$2,240,000
$112.90
620 SF
2/14/2018
1982

$70,000
13-1/1's, 19-2/1's; 26% Down; New Fannie Mae Loan; Last Sale: 02/2016 $2,070,000
Lamar Villa
4241 W. Lamar Rd.
Phoenix
52
36,291
$3,670,000
$101.13
698 sf
2/15/2018
1963, 1967

$70,577
39-1/1'S, 13-2/1'S; 12% Down; New Loan: Firstbank; Last Sale: 12/2007
Sky at P83
14300 N. 83rd Avenue
Peoria
296
289,164
$46,750,000
$161.67
977 SF
2/15/2018
2002

$157,939
160-1/1's, 24-2/1's, 100-2/2's, 12-3's; Assumed Fannie Mae; Last Sale: 05/2015 $36,200,000
Carlyle Townhomes - Phase II
5102 E. Piedmont
Phoenix
192
222,376
$31,150,000
$140.08
1,158 SF
2/15/2018
1996

$162,240
164-2/2's, 28-3/2's; Assumed Two Loans;  Last Sale: 01/2015 w/Property Below: $63,000,000
Pinnacle at S. Mountain
5151 E. Guadalipe
Phoenix
360
391,186

$58,850,000
$150.44
1,087 SF
2/16/2018
1995

$163,472
180-1/1's, 96-2/2's, 84-3/2's; 42% Down; Assumed Two Loans; Last Sale: 01/2015
 
SALES STAYING STRONG AT THE BEGINNING OF 2018.  IF YOU'RE THINKING THIS IS THE TIME TO SELL, CALL US


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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