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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  July 21 , 2017


Property Name 
Address, City
Units Size 
(SF)
  		 Sales Price
Price/SF
Ave. Unit
Size		 Sale Date
 Year Built 		 Price/
Unit
Comments 
San Paulo
14625 S. Mountain Pkwy., Phoenix

 208
210,880		 $32,500,000
$154.12
1014 SF		 7/25/2017
1996
$156,250		 80-1/1's, 112-2/2'1, 16-3's; 31% Down; New Loan: Great White; Last Sale: 09/2006 for $26,268,000
Belara
29675 N. North Valley Pkwy., Phoenix		 307
364,460		 $45,400,000
$124.57
1187 SF		 7/26/2017
2008
$147,883		 Mix Unknown; Condo Conversion Prohibited; 37% Down; New Freddie Mac Loan; No Prior Sale

 
Although only two sales this past week, the second quarter  had a healthy 74 sales.  48 sales of properties with 10 to 99 units and 26 properties with 100+ units.  15 of these sales were cash and 20 were from 1031's.

IF YOU ARE INTERESTED IN DISCUSSING WHAT YOUR PROPERTY IS WORTH? CALL US. 
WE ARE HAPPY TO PROVIDE A COMPLIMENTARY BROKER OPINION
OF VALUE ON YOUR PROPERTY.
 

Data Source: CoStar, BREW, Vizzda plus personal information
Map of Available Apartments
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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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