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 21, 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
Hidden Village
1006 W. Main Street
Mesa
84
64,415
$7,400,000
$114.88
767 SF
6/18/2019
1985

$88,095
24-1/1's, 60-2/2's; 6% Down; New Loan: ReadyCap Com'l.; Last Sale: 09/2012 $4,000,000
Scottsdale Meadows
10888 N. 7oth Street
Scottsdale
168
149,520
$34,500,000
$230.74
890 SF
6/19/2019
1984

$205,357
72-1/1's, 72-2/2's, 24-3/2's; 40% Down; New Freddie Mac Loan; Last Sale: 06/2013 $20,630,000
Monte Viejo
2220 E. Beardsley
Phoenix
480
338,641
$77,500,000
$228.86
706 SF
6/20/2019
2004

$161,458
102-0/1's, 162-1/1's, 36-2/1's, 144-2/2's, 18-3's, 18-4's; Cash Sale; Last Sale: 05/2016 $58,550,000
Radius
2602 W. Glenrosa Ave.
Phoenix
72
30,436
$4,450,000
$146.21
423 SF
6/20/2019
1978

$61,806
48-0/1's, 22-1/1's, 2-2/1's; M/M; 27% Down; New Loan: Capital One; Last Sale: 03/2016 $1,695,000
Franmar Manor
3825 W. McDowell
Phoenix
78
66,534
$8,500,000
$127.75
853 SF
6/21/2019
1983

$108,974
12-1/1's, 56-2/1's, 10-2/2's; M/M; Fully Affordable; 3% Down; New Fannie Mae Loan; Construction Contract for $4,857,000; Last Sale: 06/1999 $1,725,000601
 
FROM WORK FORCE HOUSING TO CLASS A, A NICE STRONG WEEK, 
AGAIN, FOR MULTIFAMILY SALES

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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