Senior Apartment Team

Linda Fritz-Salazar
Associate Broker
Senior Associate
Call 602.989.9487

Jon Coffen
Senior Associate

Call 480.653.3600

 

Weekly Apartment Closing Update through  March 8, 2019
Mark your Calendars!!   
The next Town Hall is Wednesday, March 27, 2019, 
at Copenhagen, 1701 E. Camelback
5:30 - 7:30

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
Paiute & Parkway
3507 N. 64th Place
Scottsdale
13
10,903
$2,100,000
$192.61
839 SF
03/01/2019
1969

$161,538
All 2/1's; 32% Down; New Loan: KS State Bank; Last Sale:10/2009 $560,000
Greentree
5959 W. Greenway Rd.
Glendale
184
127,444
$24,500,000
$192.24
693 SF
3/4/2019
1986

$133,152
128-1/1's, 56-2/2's; 29% Down; New Fannie Mae Loan; Last Sale: 03/2009 $7,850,000
Crossroads Tempe
1010 E. Orange St.
Tempe (PROPOSED)


270 Units


$15,575,000



3/4/2019
1963


$145,561
Existing 107 Units to be demolished; Cash Sale; Tempe approved new development for 264 Student Housing Units + 6 Live Work & 9,813 SF Com'l.; Last Sale: 10/2010 $4,800,000
The Alan
2346 E. McKellips
Mesa
17
21,760
$4,850,000
$222.89
1,280 SF
3/1/2019
2018

$285,294
All 3's; 35% Down; New Fannie Mae Loan; No Prior Sale
Studio 710
710 S. Hardy Drive
Tempe
239
95,749
$26,750,000
$279.38
401 SF
3/5/2019
1975, 1980

$111,925
96-0/1's, 143-1/1's; M/M; 31% Down; Assumed CMBS & New Fannie Mae for $4,041,000; Last Sale: 04/2017 $19,205,000
Park Ridge
1809 E. Broadway
Mesa
10
8,258
$750,000
$90.82
826 SF
3/6/2019
1972

$75,000
All 2/1's; Cash Sale; Last Sale: 05/2010 $260,000


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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