Senior Apartment Team

Linda Fritz-Salazar
Associate Broker
Senior Partner
Call 602.989.9487

Jon Coffen
Senior Partner

Call 602.653.3600

 

Weekly Apartment Closing Update through  August 16, 2019


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
San Marquis
577 E. Baseline
Tempe
224
235,509
$58,500,000
$248.40
1,051 SF
8/15/2019
2012

$261,161
75-1/1's, 122-2/2's, 27-3/2's; 39% Down; New Fannie Mae Loan; Last Sale: 12/2013 $32,255,000
Villa Serena
4221 W. Dunlap Ave.
Phoenix
137
108,423
$17,575,000
$162.10
791 SF
8/16/2019
1982

$128,285
63-1/1's, 74-2/2's; 27% Down; New Fannie Mae Loan; Last Sale: 3/28/2019 $12,100,000
Tides at Gilbert
36 E. Vaughn Ave.
Gilbert

42
48,132
$10,540,000
$218.98
1,146 SF
8/16/2019
2006

$250,952
All 3's; 45% Down; New Fannie Mae Loan; Last Sale: 10/2017 $6,764,000
 

Three Sales!  San Marquis is a beautiful property built by Mark Taylor in 2012; Villa Serena is the third property purchased by the ZH MF Group in the last two weeks and Tides at Gilbert was purchased by a 1031 Buyer from CA.  The agency loan interest rate on this property was 3.52%!!  Nice!

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