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  June 8, 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
Coronado
8605 E. Coronado Rd.
Scottsdale
22
15,240
$3,600,000
$236.22
693 SF
6/4/2018
1968

$163,636
3-0/1's, 2-1/1's, 17-2/1's; 30% Down; New Freddie Mac Loan; Last Sale: 11/2016 $1,920,000
Regency
4308 N. Longview Ave.
Phoenix
36
27,160
$3,700,000
$136.23
754 SF
6/7/2018
1985

$102,778
8-1/1's, 28-2/1's; Cash Sale; Last Sale: 06/2009 $800,000

2301, 2328, 2514 N. 46TH St., Phoenix
12
10,971
$1,410,000
$128.52
914 SF
6/7/2018
1964

$117,500
3-1/1's, 9-2/2's; 25% Down; Seller Carry; Last Sale: 12/2009 $440,000
Indigo Lofts
715-737 E. Brown Rd.
Mesa
65
57,570
$7,250,000
$125. 93
886 SF
6/8/2018
1972, 1985

$111,538
1-0/1, 25-2/1's, 39-2/2's; 24% Down; New Freddie Mac Loan; Last Sale: 04/2016 $6,200,000
National
1820 W. Mulberry Drive
Phoenix
16
10,948
$1,560,000
$142.49
684 SF
6/8/2018
1968
$97,500 All 1/1's; 46% Down; New Loan: Opus Bank; Last Sale: 9/9/2016 $806,300

A little bit of everything.  Freddie Mac financing continues to be strong.

Any questions???  Call Me.



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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