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  September 14, 2018



Property Name
Address
City
No Units
SF
Sales Price
Price/SF
Unit SF Avg.
Sale Date
Year Built
Unit
Price
Unit Mix, % Down Payment, Lender; Previous Sale Date and Amount
West Glen Townhomes
917 W Glendale Av
Phoenix

38
25,231
$3,500,000
$138.72
664 SF
9/10/2018
1959

$92,105
1/1 and 2/1s. 182% const loan from Scott Gould (RLS) for 44 town homes. Last sale 12/15 $2,750,000
Siena Apartments
4520 E Baseline Rd.
Mesa

352
291,000
$49,000,000
$168.38
827 SF
9/11/2018
1986

$139,205
160 1bd/1ba, 168 2bd/1ba, 24 3bd/2ba 40,438,000 Freddie Mac Berkadia loan. Last sale 8/15 $31,025,000
Paradise Palms
2330 W Belmont Ave
Phoenix
14
11,420
$1,100,000
$96.32
816
9/12/2018
1990

$78,571
13 1/1 and 2 3/2 units
Loan Colonial Capital $1,140,000.
Last sale 6/2012 $500,000
Wyndham
3011 N 38th St
Phoenix
15
8,627
$2,475,000
$288.89
575
9/13/2018
1977

$165,000
15 1/1 units
new loan First Bank $1,300,000
Last sale 2/2018 $1,925,000
Estates at North Mtn.
11850 N 19th Ave
Phoenix
128
60,708
$7,100,000
$116.95
474
9/14/2018
1985

$55,469
18 0/1, 84 1/1, 26 2/1 
new loan $4,800,000 Wash Fed
Last sale 10/2014  $3,625,000
Roeser Apartments
717-719 E Roeser Rd.
Phoenix
20
16,200
$1,350,000
$83.33
810
9/14/2018
1987

$67,500
20 2/1 units
All Cash Sale
No prior sale record
Riviera Village
1532 S Price Rd
Tempe
165
97,247
$17,965,995
$184.75
589
9/14/2018
1980

$108,885
80 1/1, 84 2/1, 1 2/2 units,
All Cash Sale
Last Sale 2/2016  $10,000,000

Many property sales occur without ever coming to market. Call me to learn of off market opportunities- or for unsolicited offers.




Data Source: CoStar, BREW, Vizzda plus personal information

Map of Available Apartments
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.

 
Click Here for Interactive Map
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

Join Our Mailing List
View our videos on YouTube