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 07, 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

6633 N. 58th Drive
Glendale
10
5,819
$500,000
$85.93
582 SF
11/30/2018
1945, 1995

$50,000
1-0/1, 6-1/1's, 3-2/1's; Cash Sale; Last Sale: 06/2005 $435,000
Roma
801 - 805 E. Roma
Phoenix
13
10,350
$885,000
$85.51
796 SF
12/3/2018
1940, 1958

$68,077
1-0/1, 3-1/1's, 6-2/1's, 3-3's; 53% Down; New Loan: Western State Bank; Last Sale: 03/2017 $686,000
Clarendon Park
222 W. Clarendon Ave.
Phoenix
138
114,680
$24,000,000
$209.28
831 SF
12/6/2018
2001

$173,913
36-0/1's, 18-1.1's, 84-2/2's; 36% Down; New Freddie Mac Loan; Last Sale: 03/2017 $17,500,000
Great Town Hall Meeting last Wednesday at the AMA. Lots of good information.  I talked about all things good with AZ and the strong fundamentals in the MF industry.  My associate, Scott Trevey discussed being prudent, watchful and mindful going forward.  We also had Byron Sarhangian with Snell and Wilmer give us an overview on Opportunity Zones.

We plan to hold more Town Halls next year.  Let us know if you have specific topics you want to have stressed.

Thanks,  Linda  
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.

 
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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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