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 29, 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
Avilla Heights
255 E. Chandler Hts. 
Chandler
116
111,239
$27,840,000
$250.27
959 SF
6/25/2018
2017

$240,000
30-1/1'S, 53-2/2'S, 33-3/2'S; 34% Down; No Prior Sale
Village Sereno
8622 N. 59th Ave.
Glendale
93
111,369
$16,500,000
$148.16
1,198 SF
6/25/2018
2009

$177,419
68-2/2's, 25-3/2's; 94% Down; Private Lender; Last Sale: 12/2011 $10,250,000
Sunflower
6003 W. Olive Ave,
Glendale
88
50,816
$6,175,000
$121.52
577 SF
6/28/2018
1974

$70,170
26-0/1's, 56-1/1's, 6-2/1's; 28% Down; New Loan: Opus Bank; Last Sale: 04/2012 $1,633,000
Colter Gardens
1545 W. Colter Ave
Phoenix
16
14,152
$1,525,000
$107.76
885 SF
6/29/2018
1965

$95,313
All 2/1's; 25% Down; New Loan: MidFirst Bank' Last Sale: 01/2006 $1,230,000
Palm Lane
2022 N. 36th Street
Phoenix
16
9,852
$1,170,000
$118.76
6/29/2018
1966

$73,125
12-1/1's, 4-2/1's; Cash Sale; Same Day Flip; Last Sale: 11/2011 $225,000
Palm Lane
2022 N. 36th Street
Phoenix
16
9,852
$1,552,000
$157.53
6/29/2018
1966

$97,000
Same Day Flip; 20% Down; New Loan: Active Funding

Hope everyone had a great 4th of July!

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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