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  December 15 , 2017

Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
64th Place
420 N. 64th Place
Mesa
25
18,850
$2,225,000
$118.04
754 SF
12/11/2017
1982

$89,000
5-1/1's, 20-2/1's; 25% Down; New Loan: Opus Bank; Last Sale: 07/2013 $1,237,500
The Montana
7611 S. 36th Street
Phoenix
134
154,896
$20,000,000
$129.12
1156 SF
12/12/2017
1998

$149,254
40-1/1's, 81-2/2's, 13-3's; 28% Down; New Freddie Mac Loan; Last Sale: 09/2015 $14,050,000
Vintage
1303 W. Juniper
Gilbert
107
122,716
$18,550,000
$151.16
1147 SF
12/13/2017
2000

$173,364
26-1/1's, 40-2/2's, 40-3's; 31% Down; New Freddie Mac Loan; Last Sale: 04/2015 $14,250,000
Grovers East
1641 E. Grovers Ave.
Phoenix
30
22,020
$2,650,000
$120.35
734 SF
12/13/2017
1986

$88,333
17-1/1's, 12-2/2's, 1-3; 20% Down; New Loan: Wash Fed.; Last Sale: 09/2005 $1,970,000
Villa Del Prado
448 S. Mesa Drive
Mesa
44
30,470
$2,900,000
$95.18
693 SF
12/14/2017
1983

$65,909
21-1/1's, 23-2/1's; 34% Down; New Loan: Opus Bank; Last Sale: 05/2015 $1,910,000
Villas On Bell
4045 W. Bell Road
Phoenix
168
158,677
$24,650,000
$155.35
945 SF
12/14/2017
2002

$146,726
24-1/1's, 128-2/2's, 16-3's; 48% Down; New Fannie Mae Loan; Last Sale: 07/2004 $13,200,000
Plaza De Torre
3634 E. Monte Vista
Phoenix
20
16,291
$1,700,000
$104.35
815 SF
12/15/2017
1963

$85,000
All 2/1's; Cash Sale; Last Sale: 04/2005 $1,037,500
Mountain Springs
1725 W. Vogel Ave.
Phoenix
16
9,024
$959,000
$106.27
564 SF
12/15/2017
1981

$59,938
Mix Unknown; 25% Down; New Loan: Banner Bank; Last Sale: 06/2016 $625,000
Casa Sunrise
3002 N. 40th Street
Phoenix
14
8,420
$854,000
$101.43
601 SF
12/15/2017
1950, 1972

$61,000
5-1/1's, 2-2/1's, 7-2/2's; 25% Down; New Loan: MidFirst Bank; Last Sale: 10/2011 $535,000
 
ALL OF US AT THE KASTEN LONG COMMERCIAL GROUP WISH YOU A HAPPY HOLIDAY AND A MERRY CHRISTMAS!!


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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