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Linda Fritz-Salazar
Associate Broker
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Scott Trevey, CCIM
Senior Associate
Call 480 205 0862
Email
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Weekly Apartment Closing Update through
August 4
, 2017
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Property Name
Address, City
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Units Size
(SF)
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Sales Price
Price/SF
Ave. Unit
Size |
Sale Date
Year Built |
Price/
Unit |
Comments
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New Horizons
1510 N. 48th Street
Phoenix |
51
48,450 |
$4,675,000
$96.49
950 SF |
7/31/2017
1986 |
$91,667 |
All 2/2's; Some Renovation; 25% Down; New Loan: Opus Bank; Last Sale: 05/2016 for $3,100,000 |
Urban Walk
3802 N. 27th Street
Phoenix |
138
98,149 |
$11,950,000
$121.75
711 SF |
7/31/2017
1985 |
$86,594 |
54-1/1's, 84-2/2's, 30% Down; New Loan: Opus Bank; Last Sale: 08/2013 for $5,550,000 |
The Urban
fna: Monte Verde
3601 E. McDowell
Phoenix |
435
311,694
|
$47,500,000
$152.39
717 SF |
7/31/2017
2004 |
$109,195 |
138-0/1's, 126-1/1's, 9-2/1's, 90-2/2's, 72-3's; 1% Sown; Assumed & New Freddie Mac; Last Sale: 11/2015 for $33,000,000 |
Villa Mia
4401-4405 N. 21st St.
Phoenix |
16
Unk. |
$1,025,000
|
7/31/2017
1950, 1954, 1971 |
$64,063 |
Mix Unknown; New Loan: Artemis includes Rehab Money; Last Sale: 07/1974 |
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Another Strong Week for Apartment Sales. 33 Apartment Sales in July.
WANT TO KNOW WHAT YOUR PROPERTY IS WORTH? CALL US.
WE ARE HAPPY TO PROVIDE A COMPLIMENTARY BROKER OPINION
OF VALUE ON YOUR PROPERTY.
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825-835 E. Marlene Ave. Phoenix
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8
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$755,000
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7/31/2017
1958
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$94,375
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Mix Unknown |
Myrtle Manor
5233 W. Myrtle
Glendale |
18
17,280 |
$1,450,000
$83.91
960 SF |
8/2/2017
1987
|
$80,556 |
All 2/2's; Units have fireplaces; 21% Down; New Freddie Mac Loan; Last Sale: 07/2013 for $900,000 |
Galaxy Estates
4902 E. Culver Street
Phoenix |
10
8,060 |
$615,000
$76.30
806 SF |
8/2/2017
1960, 1970 |
$61,500
|
4-1/1's, 6-2/1's; 27% Down; New Loan: Firstbank; Last Sale: 07/2008 for $408,138 |
Park Ridge
12211 N. Paradise Vill. Pkwy., Phoenix |
168
112,168 |
$17,100,000
$152.45
668 SF |
8/2/2017
1983 |
$101,786
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108-1/1's, 60-2/2's; 26% Down; New Loan: B of A; Last Sale 12/2001 - Price Unknown |
Olive
447-451 S. Olive
Mesa |
11
8,606 |
$890,000
$103.42
782 SF |
8/3/2017
1977 |
$80,910 |
All 2/1's; 30% Down; Private Financing; Last Sale: 03/2000 for $426,000 |
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Sir John's
3141 N. 37th Street
Phoenix
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14
11,340
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$1,484,000
$130.86
810 SF
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8/4/2017
1967
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$106,000
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All 2/1's; $50,000 Down; Private Financing; Last Sale: 03/2016 for $1,100,000
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Data Source: CoStar, BREW, Vizzda plus personal information
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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.
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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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