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  June 28, 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
Canyons on Colter
5631 W. Colter Street
Phoenix
304
224,421
$34,300,000
$152.84
738 SF
6/24/2019
1984

$112,829
72-1/1's, 208-2/2's, 24-3's; 20% Down; New Freddie Mac Loan; Last Sale: 11/2017 $25,000,000
Mariposa Palms
114 E. Mariposa St.
Phoenix
10
7,304
$2,025,000
$277,25
730 SF
6/24/2019
1951

$202,500
2-1/1's, 8-2/1's; Renovated; Cash Sale; Last Sale: 11/30/2017 $1,835,000
Turney
2425 W. Turney Ave.
Phoenix
10
6,271
$630,000
$100.46
570 SF
6/21/2019
1945

$630,000
1-0/1, 1-1/1, 8-2/1's; $25,000 Down; Loan-Unison Bank for $

7421 N. 55th Avenue
Glendale
18
15,970

$1,546,247
$96.82
887 SF
6/24/2019
1948

$85,903
Mix Unknown; New Loan Velocity Com'l Capital; Last Sale: 12/1993; Price Unknown
Ninety Degrees at Paradise Ridge, 18440 N. 68th St., Phoenix
337
297,352
$69,000,000
$232.05
882 SF
6/25/2019
2008

$204,748
80-0/1's, 136-1/1's, 25-2/1's, 96-2/2's; 2% Down; New Freddie Mac Loan; Last Sale: 10/2013 $51,000,000
Villa Del Sol
6231 W. McDowell Rd.
Phoenix
320
225,016
$32,250,000
$143.32
703 SF
6/26/2019
1985

$100,781
72-1/1's, 196-2/1's, 52-2/2's; 27% Down; New Freddie Mac Loan; Last Sale: 11/2015 $12,200,000
Pastor Court
11913 W. Pastor Court
El Mirage
20
22,740
$2,750,000
$120.93
1,137 SF
6/26/2019
1999
$137,500 6-2/1's, 10-3/1's, 4-4/2's; Cash Sale; No Prior Sale
Vista Ventana
3221 W. El Camino Dr.
Phoenix
275
174,786
$27,070,552
$154.88
636 SF
6/27/2019
1982

$98,438
24-0/1's, 228-1/1's, 22-2/2's; 24% Down; New Fannie Mae Loan;; Last Sale: 12/2016 $17,770,000
Las Colinas
5704 W. Thomas Rd.
Phoenix
156
96,987
$14,750,000
$152.08
622 SF
6/27/2019
1985

$94,551
80-1/1's, 76-2/1's; 2% Down; New BankCorp Bank Loan; Last Sale: 12/2012 $4,005,000
Ridgepoint
5020 W. Peoria Ave.
Phoenix
164
107,415

$19,750,000
$183.87
655 SF
6/27/2019
1985

$120,427
96-1/1's, 32-2/1's, 36-2/2's;
11% Down; New Loan: BankCorp Bank; Last Sale: 04/2015 $9,150,000
Solano Ridge
8135 N. 35th Avenue
Phoenix
286
210,832
$29,629,448
$140,54
737 SF
6/27/2019
1982

$103,599
174-1/1's, 112-2/2's; 22% Down; New Fannie Mae Loan; Last Sale: 12/2016 $18,480,000
Sterling on 28th
11821 N. 28th Drive
Phoenix
224
158,736
$24,000,000
$151.19
709 SF
6/28/2019
1980

$107,143
24-0/1's, 120-1/1's, 80-2/2's; 21% Down; New Loan: MF1 Capital LLC; Last Sale: 02/2017 $14,350,000
Avalon
2005 N. 103rd Avenue
Avondale
400
430,822
$80,000,000
$185.69
1,077 SF
6/28/2019
2018

$200,000
72-1/1's, 296-2/2's, 32-3/2's; Reverse 1031 Exchange Sale; 43% Down; New Freddie Mac Loan; No Prior Sale
 
HAVE A SAFE AND RELAXING 4TH OF JULY!
GOD Bless Our Troops

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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