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 7, 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
Park Terrace
1011 E. Orange Street
Tempe
40
24,939
$5,000,000
$200.50
623 SF
6/3/2019
1963

$125,000
18-1/1'S, 22-2/1'S; 35% Down; Private Loan; Last Sale: 10/2010 $4,800,000
Arcadia Del Sol
4127 E. Indian School
Phoenix
259
213,994
$40,350,000
$188.56
826 SF
6/3/2019
1971, 1986

$155,791
112-1/1's, 68-2/1's, 79-2/2's; 27% Down; New Freddie Mac Loan; Last Sale: 03/2016 $23,450,000
Pillar at San Tan
2910 S. Greenfield Rd.
Gilbert
315
309,176
$67,850,000
$219.45
982 SF
6/4/2019
2009

$215,397
8-0/1's, 155-1/1's, 136-2/2's, 16-3's; 33% Down; Last Sale: 8/15/2012 $46,300,000
Carter
3300 N. Scottsdale Rd.
Scottsdale
365
416,776
$117,800,000
$373.88
1,142 SF
6/4/2019
2018

$322,740
232-1/1'S, 127-2/2'S; 45% Down; New Loan: Met Life; No Prior Sale
Glen Square
7112-7122 N. 48th St.
Glendale
11
7,056
$725,000
$102.75
641 SF
6/4/2019
1975

$65,909
1-0/1, 4-1/1's, 6-2/1's; 35% Down; New Loan: Anderson Capital & Seller; Last Sale: 10/3/2017 $535,000
Retro on 32nd Street
3025 N. 32nd Street
Phoenix
62
22,182
$5,350,000
$241.19
358 SF
6/6/2019
1968

$86,290
31-0/1's, 29-1/1's, 2-2/1's; M/M; 30% Down; New Loan: Opus Bank; Last Sale: 10/2014 $1,031,250
Avenue 15
1609 W. 15th Avenue
Phoenix
148
158,242
$14,725,000
$93.05
1,069 SF
6/6/2019
1972

$99,493
28-2/1's, 65-2/2's, 55-3's; 30% Down; New Loan: Bancorp Bank; Last Sale: 06/2017 $8,639,000
Regent Manor
2936 N. 30th Street
Phoenix
36
21,673
$2,700,000
$124.58
602 SF
6/6/219
1970

$75,000
Mix Unknown; 6% Down; New Loan: Keystone Int'l. Group; Last Sale: 3/4/1981; Price Unknown
Bonfire at Midtown
529-530 E. Mariposa
Phoenix
24
15,240
$3,100,000
$203.41
635 SF
6/7/2019
1964

$129,167
14-1/1's, 8-2/1's, 2-2/2's; 45% Down; New Freddie Mac Loan; Last Sale: 10/2015 $2,150,000
 

TOWN HALL COMING UP TONIGHT, WEDNESDAY,  JUNE 12TH
AZREIA CONFERENCE CENTER - 1841 N. 24TH STREET
6:00 - 7:30 PM

HOW TO MAXIMIZE VALUE AND KEEP YOUR PROFIT


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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