Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


Email
Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


Email
Weekly Apartment Closing Update through  January 18, 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
Alcove at the Islands
1300 W. Warner Road
Gilbert
272
136,160
$48,600,000
$205.79
868 SF
1/15/2019
1987

$178,676
96-1/1's, 144-2/2's, 32-3's; 32% Down; New Fannie Mae Loan; Last Sale: 10/2015 $33,500,000
Loma Bonita
1301 E. Mountain View Rd., Phoenix
92
74,325
$7,935,000
$106.76
808 SF
1/15/2019
1984

$86,250
All 2/1's; 13% Down; New Loan; La Salle Inv. Mgmnt.; Last Sale: 07/2004 $3,230,000
Sonoran
13625 S. 48th Street
Phoenix
429
413,344
$84,250,000
$203.83
964 SF
1/16/2019
1995

$196,387
120-1/1's, 226-2/2's, 83-3's; 35% Down; Last Sale: 02/2013 $50,966,034
Summer's Point
4441 W. Bethany Home
Glendale
164
93,670
$12,500,000
$133.45
571 SF
1/18/2019
1978

$76,220
60-0/1's, 96-1/1's, 8-2/2's; Cash Sale
2019  is starting out with several strong, solid sales.  Fundamentals for 
the Phoenix market continue to be strong, giving Buyers confidence in 
adding to their portfolios and entering our market.  

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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