Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


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Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


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Weekly Apartment Closing Update through  January 26, 2 018

Property Name 
Address, City
Units Size 
(SF)
  
Sales Price
Price/SF
Ave. Unit
Size
Sale Date
 Year Built 
Price/
Unit
Comments 
Paradise Vista
7102 N. 43rd Avenue
Glendale
352
173,700
$17,000,000
$97.87
493 SF
1/22/2018
1975

$48,295
136-0/1's, 130-1/1's. 86-2/1's; 26% Down; New Loan: Opus Bank; Last Sale: 09/2016 $14,000,000
Villa De La Paz
6041 W. Thomas
Phoenix
103
88,960
$7,725,000
$86.84
864 SF
1/23/2018
1982

$75,000
32-1/1's, 71-2/2's; 30% Down; New Loan: Opus Bank; Last Sale: 06/2015 $4,900,000
Madison Grove
7045 N. 7th Street
Phoenix
171
96,190
$21,450,000
$223.00
563 SF
1/23/2018
1977

$125,439
29-0/1's, 124-1/1's, 18-2/2's; Totally Renovated 2016; 23% Down; New Loan: Bellwether Ent.; Last Sale: 12/2012 $5,400,000
Red Mountain Villas
815 N. 52nd Street
Phoenix
768
659,102
$110,000,000
$166.89
858 SF
1/24/2018
1984, 1988, 1996

$143,229
384-1/1's, 24-2/1's, 344-2/2's, 16-3's; 26 % Down; New Freddie Mac Loan; Last Sale: 01/2011 $46,000,000
Soleil
725 Dobson Road
Chandler
134 of 188

$17,100,000 1/26/2018
1995

$131,716
Mix Unknown; 23% Down; New Loan: C-III Mortgage Funding
 
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Data Source: CoStar, BREW, Vizzda plus personal information

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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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