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Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


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Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


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Weekly Apartment Closing Update through  August 31, 2018



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
Oasis in Mesa
420 N. 64th Place
Mesa
28
25,580
$3,200,000
$125.10
914 SF
8/27/2018
1985

$114,286
8-1/1's, 20-2/2's; 19% Down; New Loan: Opus Bank; Last Sale: 07/2013 $1,237,500
Casa Bellisima
6565 W. Bethany Home
Glendale
276
176,598
$22,350,000
$126.56
640 SF
8/28/2018
1983, 1984

$80,978
36-0/1's, 200-1/1's, 16-2/1's, 24-2/2's; 26% Down; New Opus Bank Loan; Last Sale: 10/2016 $13,500,000
Lake Pleasant Village
20702 N. Lake Pleasant
Peoria
152
184,022
$15,750,000
$85.59
1,211 SF
8/28/2018
2004

$103,618
56-1/1's, 76-3/2's, 20-4's; Fully Affordable; 35% Down; New Opus Bank Loan; No Prior Sale
Flagstone
30 W. Carter Drive
Tempe
376
266,536
$48,600,000
$182.34
709 SF
8/29/2018
1985

$129,255
96-0/1's 108-1/1's, 172-2/2's; 35% Down; M/M; Last Sale: 04/2007 $35,000,000
Arroyo Villas
4748 W. Sierra Vista
Glendale
196
153,742
$17,640,000
$114.74
784 SF
8/30/2018
1984

$90,000
76-1/1's, 120-2/2's; 29% Down; New Wash. Fed. Loan; Last Sale: 12/2016 $13,700,000
Country Brook
4909 W. Joshua Blvd.
Chandler
396
258,654
$74,000,000
$286.10
653 SF
8/30/2018
1986

$186,869
134-1/1's, 182-2/2's, 80-3's; Assumed FNMA Loan; Last Sale: 01/2016 $64,500,000
Level on 17th
6725 N. 17th Avenue
Phoenix
29
27,283
$3,125,000
$114.54
941 SF
8/30/2018
1971

$107,759
1-1/1, 12-2/1's, 16-2/2's; 32% Down; New Was. Fed. Loan; Last Sale: 12/2016 $2,727,500

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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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