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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
July 21
, 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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Northern Palms
2835 W. Northern
Phoenix |
49
29,708 |
$3,125,000
$105.19
606 SF |
7/18/2017
1954 |
$63,776 |
48-1/1's, 1-3; 23% Down; New Freddie Mac Loan; Last Sale: 09/2015 for $1,720,000 |
Dolce Villagio
202 S. Hardy
Tempe |
37
50,498 |
$10,000,000
$198.03
1365 SF |
7/18/2017
2007 |
$270,270 |
19-2/2's, 18-3's; Condo-Mapped; Cash Sale; Last Sale: 01/2015 for $7,000,000 |
Broadway Terrace
12815 N. 28th Drive
Phoenix
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101
79,188 |
$7,657,000
$96.69
784 SF |
7/19/2017
1984 |
$75,812 |
All 1/1's; 100% Loan from Red Capital and loan from IDA for $8.7M; Age Restricted, Affordable; Owner - Non-Profit |
Ovation at Tempe
4505 S. Hardy Drive
Tempe |
270
244,735
|
$36,000,000
$147.10
906 SF |
7/19/2017
1984 |
$133,333 |
64-1/1's, 206-2/2's; 25% Down; New Freddie Mac Loan; Last Sale: 08/2014 for $25,850,000 |
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12 SALES - SIX OVER 100 UNITS, SIX UNDER 100 UNITS
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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Youngtown House
11141 W. Arizona Ave.
Youngtown
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$2,900,000
$82.06
552 SF
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7/19/2017
1963
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$45,313
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16-0/1's, 48-1/1's; 34% Down; New Loan: Wash Fed.; Last Sale: 12/1998 for $1,245,000
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Off Broadway
546 S. Country Club
Mesa |
320
277,001 |
$28,500,000
$102.89
866 SF |
7/20/2017
1986 |
$89,063
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92-1/1's, 228-2/2's; 12% Down; New Freddie Mac Loan; Last Sale: 12/2006 for $18,503,388; 1 of 3 |
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Stillwater
7711 N. 59th Ave.
Glendale
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516
270,380 |
$36,000,000
$133.15
524 SF
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7/20/2017
1986 |
$69,767 |
120-0/1's, 344-1/1's, 52-2/1's; 13% Down; New Freddie Mac Loan; Last Sale: 12/2006;
2 of 3 |
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Canyon Creek Village
17617 N. 9th St.
Phoenix
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440
376,312 |
$33,000,000
$87.69
855 SF |
7/20/2017
1985 |
$75,000 |
192-11/1's, 108-2/1's, 116-2/2's, 24-3's; 13% Down; New Freddie Mac Loan; Last Sale: 12/2001 for $23,230,000;
3 of 3 |
Tela Verde
5020 W. T-Bird
Glendale |
196
166,936 |
$19,150,000
$114.71
852 SF |
7/20/2017
1979 |
$97,704
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76-1/1's, 120-2/2's; 25% Down; New Fannie Mae Loan; Last Sale: 07/2014 for $10,428,354 |
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Valencia
550 W. Maryland
Phoenix
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36
49,884
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$8,250,000
$165.38
1,386 SF
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7/21/2017
2007
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$229,167
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All 2/2's; 20% Down; New Loan: Latitude Mgmnt.; Last Sale: 06/2015 for $6,590,000
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Pasadena Palms
5022 N. 17th Ave.
Phoenix
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14
8,896
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$1,249,000
$140.40
635 SF
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7/21/2017
1982
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$89,214
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8-1/1's, 6-2/1's; 36% Down; New Loan: Banner Bank; Last Sale: 10/2016 for $1,025,000 |
Evergreen Acres
106-128 W. 9th Place
mesa |
25
17,997 |
$1,925,000
$106.96
718 SF |
7/21/2017
1980 |
$77,000
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3-1/1's, 21-2/2's, 1-3; 26% Down; New Loan: Homestreet Bank; Last Sale: 11/2004 for $1,400,000 |
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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