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 1, 2019
Mark your Calendars!!   
The next Town Hall is Wednesday, March 27, 2019, 
at Copenhagen on E. Camelback

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
Walnut Grove
5957 W. Keim Drive
Glendale
183
142,460
$11,505,000
$86.45
727
2/25/2019
1962

$62,869
2-0/1's, 99-1/1's, 82-2/1's; 9% Down; New Loan: Corevest Finance; Last Sale: 03/2004 $4,333,000
Riverwood
25157 W. Beloat Road
Buckeye
136
136,837
$10,875,000
$79.47
1,006 SF
2/27/2019
2001
$79,963 56-2/1's, 80-3/2's; Partially Affordable; -0- Down; New Loan: Buyer's Co.; No Prior Sale
Stetson
7350 E. Stetson
Scottsdale
316
373,135
$97,000,000
$259.96
1,181 SF
2/27/2019
2016

$306,962
174-1/1's, 138-2/2's, 4-3's; Cash Sale; No Prior Sale
Enclave at Paradise Val
4502 E. Paradise Village Pkwy., Phoenix
174
141,291
$24,000,000
$169.86
812 SF
2/28/2019
1985

$137,931
120-1/1's, 54-2/2's; 23% Down; New Loan: NXT Capital; Last Sale: 2/25/2016 $19,000,000
Shalimar Sands
6824 E. 4th Street
Scottsdale
26
20,716
$4,051,000
$195.93
797 SF
3/1/2019
1959

$155,808
20-1/1's, 4-2/2's, 2-3's; Affordable thru 1/1/2021; 25% Down; New Loan: Zions Bank; Last Sale: 11/2013 $2,000,000
Juniper Meadows
16804 N. 42nd Ave.
Phoenix
72
82,636
$11,500,000
$139.16
1,147 SF
3/1/2019
2004

$159,722
All 2/2's, 35% Down; New Fannie Mae Loan; Last Sale: 05/2006 $7,600,000
Tempo at McClintock Station, 1831 E. Apache Blvd., Tempe 424
380,851
$89,200,000
$234.21
1,081 SF
3/1/2019
2017

$210,875
239-1/1's, 157-2/2's, 27-3/2's; 19% Down; New Loan: Oaktree Capital Mgmnt; No Prior Sale
WOW!  STETSON WAS THE WINNER.  WHAT A GREAT LOCATION.

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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