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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
August 18
, 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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Equestrian
11100 N. 115th Street'Scottsdale |
202
156,724
|
$25,950,000
$165.58
776 SF |
8/14/2017
1986 |
$128,465 |
120-1/1's, 82-2/2's; 6% Down; New Loan: Resource Capital; Last Sale: 01/2002 - Part of Portfolio |
Redstone at San Tan
1925 S. Coronado
Gilbert |
382
387,535 |
$71,500,000
$184.50
1,014 SF |
8/14/2017
2012 |
$187,173 |
183-1/1's, 182-2/2's, 17-3's; 41% Down; Assumed Loan w/NY Life Ins.; No Prior Sale |
Coventry Square
1859 E. Broadway Rd.
Mesa |
22
13,860 |
$1,256,000
$90.62
630 SF |
8/17/2017
1972 |
$57,091 |
10-1/1's, 12-2/1's; Cash Sale; Last Sold: 02/2005 for $1,090,000 |
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Interesting: 2Q 2017 had Price/Unit Average at $125,000 for properties with 100+ Units and $93,000 for properties with 10 - 99 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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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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