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Linda Fritz-Salazar
Associate Broker
Senior Partner
Call 602.989.9487
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Jon Coffen
Senior Partner
Call 602.653.3600
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Weekly Apartment Closing Update through
September 6, 2019
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Property Name
Address
City |
No Units
SF |
Sales Price
Price/SF
Unit SF Avg. |
Sale Date
Year Built |
Unit
Price |
Unit Mix, % Down Payment, Lender; Previous Sale Date and Amount |
Alta San Marcos
445 W. Chandler Blvd.
Chandler |
273
248,777 |
$71,750,000
$288.41
911 SF |
8/1/2019
2018 |
$262,821 |
185-1/1's, 71-2/2's, 17-3's; Financing unknown; No Prior Sale |
Glenrosa West
2420 W. Glenrosa
Phoenix |
16
12,839 |
$1,300,000
$101.25
802 SF |
8/22/2019
1968 |
$81,250 |
3-1/1's, 13-2/1's; 25% Down;New Loan: Peer Street Funding; Last Sale: 01/1997 $285,000 |
Serafina
15400 W. Goodyear Bl.
Goodyear |
268
254,584 |
$45,500,000
$178.72
950 SF |
9/4/2019
2008 |
$169,776 |
168-1/1's, 4-2/1's, 88-2/2's, 8-3's; 37% Down; Assumed HUD Loan; Last Sale: 05/2016 $32,500,000 |
28 on Thomas
1225-1241
E. Thomas
Phoenix |
27
21,587 |
$3,500,000
$162.13
800 SF |
9/5/2019
1952 |
$129,630 |
17-1/1's, 10-2/1's; 63% Down; New Loan: Wash Fed.; Last Sale: 08/2016 $2,400,000 |
Westover Parc
6515 W. McDowell road
Phoenix |
103 of 160
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$12,250,000
|
9/5/2019
2001 |
$118,932 |
Mix Unknown; New Loan: ReadyCap Commercial; Last Sale: 01/2013 $5,300,000 |
Bella Vista
1564 N. Morrison Ave.
Casa Grande |
140
122,808 |
$11,375,000
$92.62
873 SF |
9/6/2019
1995 |
$81,250 |
Mix Unknown; 35% Down; New Loan: Greystone Servicing; Last Sale: 06/2012 $3,950,000 |
Bethany West
6211-6251
N. 48th Ave
Glendale
|
48
41,319 |
$2,670,160
$64.62
861 SF |
9/6/2019
1960 |
$55,628 |
Six 4-Plexes; All 2/1's; 41% Down; New Loan For $3,190,000 w/Artemis Realty Capital; Last Sale: 05/1999 $636,000 |
Autumn Leaves
6821 N. 45th Ave.
Glendale |
28
22,470 |
$1,985,000
$88.34
803 SF
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9/6/2019
1964 |
$70,893 |
Mix Unknown; 43% Down; New Loan for $2,400,000 w/Artemis Realty Capital; Last Sale Info Not Available |
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Another strong week with eight sales. Five Buyers from out-of state;
two from California, one from Illinois, one from Utah and one from Washington.
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
[email protected]
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