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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
November 24
, 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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Oak Tree
1501 - 1527 E. Oak St.
Phoenix |
15
11,955 |
$1,115,000
$93.27
797 SF |
11/20/2017
1957 |
$74,333 |
All 2/1's; 36% Down; Renovated in 2015; New Loan: Bank 34; Last Sale: 02/2015 $750,000 |
Apex off 7th Street
948 E. Devonshire
Phoenix |
104
67,280 |
$8,750,000
$130.05
647 SF |
11/21/2017
1980 |
$84,135 |
96-1/1's, 8-2/2's; $250,000 Down; New Loan: UC LDBA Fund I; Last Sale: 10/2010 $1,400,000 |
Arcadia Gardens
3101 N. 32nd Street
Phoenix |
76
43,634 |
$8,475,000
$194.23
574 SF
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11/21/2017
1969 |
$111,513 |
30-0/1's, 32-1/1's, 14-2/1's; Totally Renovated 2016/2017; Former Hotel; New Freddie Mac Loan; 27% Down; Last Sale: 08/2013 $1,725,000 |
Desert Wind
4141 W. McDowell Ave.
Phoenix |
216
137,472
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$13,400,000
$97.83
634 SF |
11/21/2017
1987 |
$62,037 |
128-1/1's, 56-2/1's, 32-2/2's; 24% Down; New Fannie Mae Loan; Last Sale: 05/2016 $8,750,000 |
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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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