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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
June 2
, 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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Village Green
1045 S. San Jose St.
Mesa |
108
60,762
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$7,700,000
$126.72
563 SF |
5/31/2017
1975 |
$71,296 |
36-0/1's, 72-1/1's;M/M; 35% Down; New Loan: N.Y. Community Bank; Last Sale: 03/2015 $5,300,000 |
Casa Loma, Casa Quieta
2740 W. Colter; 2745 W. Colter, Phoenix |
75
54,914 |
$4,700,000
$85.59
732 SF |
5/31/2017
1969/1982 |
$62,667 |
3 Properties; 66-2/1's, Balance of Unit Mix Unknown |
Parkview
704 -724 W. 5th Street
Tempe |
17
10,845 |
$1,750,000
$161.36
638 SF |
5/31/2017
1961 |
$102,941 |
2-0/1's, 11-1/1's, 4-2/1's;
10% Down; New Private Money Loan |
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Apartment rents and values in the Greater Phoenix area are way up. Are your rents at current market rates? Are there specific changes you should be making to your property to increase value? If you would like us to give you an estimate on your apartment's value, give us a call.
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Combine Studios
821 N. 3rd Street
Phoenix
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11
6,800
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$1,500,000
$220.59
618 SF
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5/31/2017
1970
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$136,364
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All Studios; Cash Sale
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Onnix
1440 E. Broadway
Tempe
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660
473,000
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$77,050,000
$162.90
717 SF
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6/1/2017
1985
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$116,742
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64-0/1's, 320-1/1's, 84-2/1's, 192-2/2's; 25% Down; New Freddie Mac Loan; Last Sale: 05/2012 for $46,500,000
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Mode Biltmore @ 27th Street
4231 N. 27th St. Phx.
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20
16,380
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$3,400,000
$207.57
819 SF
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6/2/2017
1970
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$170,000
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All 2/1's; 30% Down; New Loan: Wash. Fed.; Last Sale:
07/2015 for $1,230,000
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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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