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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
September 15
, 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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Pierson Palms
357 W. Pierson
Phoenix |
20
16,306 |
$2,200,000
$134.92
815 SF |
9/11/2017
1958 |
$110,000 |
6-1/1's, 9-2/1's, 5-3'sl 61% Down; New Loan: Wash. Fed.; Last Sale: 08/2008 for $850,000 |
Vistara at San Tan Vill.
1725 S. Coronado Rd.
Gilbert |
366
369,977 |
$73,200,000
$197.85
1011 SF |
9/12/2017
2016 |
$200,000 |
Mix not Available; 34% Down; New Freddie Mac Loan |
Campus Lofts
1116 E. Lemon
Tempe |
19
11,095 |
$1,650,000
$148.72
584 SF |
9/14/2017
1960
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$86,842 |
1-0/1, 18-1/1's; 39% Down; New Loan: FirstBank; Last Sale: 06/2013 for $1,100,000 |
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SALES ARE SLOWING. MAY BE TIME TO LOOK AT HARVESTING EQUITY.
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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Cortona at Dana Park;
1440 S. Val Vista Dr., Mesa
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222
205,742
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$28,500,000
$138.52
927 SF
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9/15/2017
1986
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$128,378 |
74-1/1's, 148-2/2's; 31% Down; New Freddie Mac Loan; Last Sale: 05/2015 for $22,100,000 |
Tomuta's
2121 W. Heatherbrae
Phoenix |
23
16,275 |
$1,515,000
$93.09
708 SF |
9/15/2017
1962 |
$65,870 |
All 2/1's; 30% Down; New Loan: Bank of the West; Last Sale: 3/31/2017 for $1,196,000 |
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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