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  July 12, 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
Crowne Point
1815 W. Colter
Phoenix
35
28,800
$4,000000
$138.89
823 SF
7/8/2019
1970

$114,286
All 2/1's; 3% Down; New Loan: International Bank & Trust; Last Sale: 11/2017 $2,975,000
Desert Oasis
402 N. 10th Street
Phoenix
14
8,008
$1,235,000
$154.22
572 SF
7/8/2019
1963

$88,214
Mix Unknown; 1% Down; New Loan: First Bank; Last Sale: 04/2006 $1,000,000
Jefferson Chandler
3950 W. Chandler
Chandler
283
301,597
$69,250,000
$229.61
1,066
7/9/2019
2018

$244,700
165-1/1's, 118-2/2's; 38% Down; New Fannie Mae Loan; No Prior Sale
Summerhill
2925 N. Greenfield Rd.
Phoenix
130
94,644
$12,400,000
$131.02
728 SF
7/9/2019
1970

$95,385
1-0/1, 63-1/1's, 66-2/1's; M/M; 32% Down; New Fannie Mae Loan; Last Sale: 06/2017 $9,300,000
Aventura
10350 W. McDowell
Avondale
408
368,436
$65,400,000
$177.51
903 SF
7/9/2019
2000

$160,294
228-1/1's, 36-2/1's, 132-2/2's, 12-3's; 3% Down; New Fannie Mae Loan; Last Sale: 12/2015 $42,240,000
Gateway House
1401 N. 3rd Street
Phoenix
29
23,508
$3,350,000
$142.50
960 SF
7/10/2019
1967

$115,517
28-1/1's, 1-2/1; 30% Down; New Loan: MidFirst; Last Sale: 05/2002 $1,500,000
Main Street Lofts
21068 W. Main Street
Mesa
45
44,750
$5,250,000
$117.32
811 SF
7/12/2019
2004

$116,667
Mix Unknown; 30% Down; New Loan: Wash. Fed.; Last Sale: 09/2013 $4,735,000
 
STRONG WEEK WITH SEVEN SALES.  TWO WERE BUILT IN THE 1960'S, 
TWO IN THE 1970'S AND THREE FROM 2000 TO 2018.

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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