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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
March 2, 2
018
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Property Name
Address
City |
No Units
SF |
Sales Price
Price/SF
Unit SF Ave. |
Sale Date
Year Built |
Unit
Price |
Unit Mix, % Down Payment, Lender; Previous Sale Date and Amount |
San Palmas
1111 N. Mission Park Blvd., Chandler
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240
242,212
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$43,200,000
$178.36
1,009 SF |
2/28/2018
1998 |
$180,000 |
90-1/1's, 118-2/2's, 32-3's; 36% Down; New Freddie Mac Loan; Last Sale: 02/2013 $33,600,000 |
Canyon Pines
17840 N. Black Cnn
Phoenix |
108
106,033 |
$9,300,000
$87.71
982 SF |
2/28/2018
1983 |
$86,111 |
42-1/1's, 66-2/2's; 28% Down; New Loan: Opus Bank; Last Sale: 01/1999 $5,100,000 |
Park Pacific
15435 N. Cave Creek
Phoenix |
26
15,136 |
$1,250,000
$82.58
582 SF |
2/28/2018
1985 |
$48,076 |
All 1/1's; 2% Down; New Loan: Unison Bank; Last Sale: 02/2016 $905,000 |
Mount Crescent
1452 E. Cinnabar Ave.
Phoenix |
25
15,780 |
$1,545,000
$97.91
631 SF |
2/28/2018
1980 |
$61,800 |
21-1/1's, 2-2/2's, 2-3's; Cash; Last Sale: 03/2015 $1,200,000 |
Cameron Creek
1975 E. University Sr.
Tempe |
211
196,655 |
$30,850,000
$156.87
932 SF |
3/1/2018
1989 |
$146,209 |
59-1/1's, 152-2/2's; 22% Down; New Freddie Mac Loan; Last Sale: 10/2007 $18,800,000 |
Solterra on 5th Ave.
4327 N. 5th Ave.
Phoenix |
40 of 60
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$6,000,000
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2/28/2018
2006 |
$150,000 |
Mix Unknown; New Loan from Bancorp Bank for $6,441,000; Last Sale 10/6/2015 $4,560,000 |
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I HAVE CLIENTS IN A 1031 EXCHANGE. NEED A MULTI-FAMILY PROPERTY IN THE
$11MM - $12MM RANGE. PLEASE CALL ME!
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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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