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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
December 1
, 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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Roosevelt Place
2232 E. Roosevelt
Phoenix |
23
16,638 |
$1,650,000
$99.17
723 SF |
11/27/2017
1984 |
$71,739 |
All 2/1's; 36% Down; New Loan KS State Bank; Last Sale: 2/10/2011 for $340,000 |
Tahiti Palms
2940 N. 40th Street
Phoenix |
27
22,500 |
$2,815,000
$125.11
833 SF |
11/27/2017
1963 |
$104,259 |
10-1/1's, 16-2/2's, 1-3; 36% Down; New Loan for $2.8M from Poppy Bank; Last Sale: 12/2012 |
Mission Springs
1311 W. Baseline Road
Tempe |
306
228,021
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$33,800,000
$148.23
745 SF |
11/28/2017
1987 |
$110,458 |
72-0/1's, 80-1/1's, 154-2/2's, M/M; 29% Down; New Fannie Mae Loan; Last Sale: 11/2012 $23,000,000 |
Carole Arms
2550 W. Hazelwood Ave., Phoenix |
44
29,849 |
$2,575,000
$86.27
678 SF |
11/28/2017
1985 |
$58,523 |
20-1/1's, 24-2/1's; Cash Sale; Last Sale: 06/2014 $1,159,500 |
Country Gables
15010 N. 59th Avenue
Glendale |
139
86,580 |
$12,300,000
$142.05
623 SG |
11/30/2017
1983 |
$88,489 |
95-1/1's, 44-2/2's; 30% Down; New Freddie Mac Loan; Last Sale: 07/2013 $6,500,000 |
Mariposa Palms
114 E. Mariposa
Phoenix |
10
7,304 |
$1,835,000
$251.23
730 SF |
11/30/2017
1951 |
$183,500 |
2-1/1's, 8-2/1's; Renovated in 2016; 29% Down; New Loan: Wash Fed.; Last Sale:04/2016 $1,000,000 |
Bayside
20245 N. 32nd Drive
Phoenix
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176
130,624 |
$23,900,000
$182.97
742 SF |
12/1/2017
1999 |
$135,795 |
64-1/1's, 48-2/1's, 64-2/2's; 35% Down; New Freddie Mac Loan; Last Sale: 07/2012 $12,363,000 |
Wilshire Place
6725 N. 25th Drive
Phoenix |
48
32,096 |
$3,050,000
$95.03
669 SF |
12/1/2017
1983 |
$63,542 |
24-1/1's, 24-2/1's; 21% Down; New Loan: American First Credit Union; Last Sale: 06/2014 $1,625,000 |
Stapley Place
654 S. Stapley Drive
Mesa |
46
35,985 |
$3,300,000
$91.70
782 SF |
12/1/2017
1985 |
$71,739 |
All 2/2's; 10-4-Plexes & 2Tri-plexes; 14% Down; Seller Carry; Last Sale: 05/2002 $1,446,510 |
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THINKING WE MIGHT BE NEAR THE TOP OF THE CYCLE? WE HAVE STRONG APARTMENT BUYERS WILLING TO PAY TOP PRICES. LET US KNOW IF YOU'RE CONSIDERING SELLING. WE WILL ALWAYS BE ON YOUR SIDE AND REPRESENT YOU, NOT THE BUYER!
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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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