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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
August 17, 2018
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Property Name
Address
City |
No Units
SF |
Sales Price
Price/SF
Unit SF Ave. |
Sale Date
Year Built |
Unit
Price |
Unit Mix, % Down Payment, Lender; Previous Sale Date and Amount |
Estilo
3029 N. 38th Street
Phoenix |
14
12,127 |
$2,675,000
$220.58
866 SF |
8/13/2018
1971 |
$191,071 |
13-2/1's, 1-3/2; Totally Renovated; 35% Down; New Loan: Wash Fed.; Last Sale: 02/2016 $1,925,000
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210 E. Illini St.
Phoenix |
16
8,636 |
$880,000
$101.90
540 SF |
8/13/2018
1948 |
$55,000 |
1-1/1', 15-2/1's; 32% Down; New Loan: Bank of the West; Last Sale: 12/2016 $720,000 |
University Place
910 E. Lemon Street
Tempe |
36
38,974 |
$4,500,000
$115.46
1,083 SF |
8/13/2018
1969 |
$125,000 |
All 2/2's; 7% Down; New Loan: Voya Financial; Last Sale: 12/2012 $3,600,000 |
Brighton Place
222 E. Cody Drive
Phoenix |
80
56,000 |
$5,250,000
$93.75
700 SF |
8/15/2018
1988 |
$65,625 |
All 2/1's; 30% Down; New Loan: American First Credit Union; Last Sale: 09/2010 $1,100,000 |
3101-3107 N. 69TH Pl.
Scottsdale |
10
7,464
|
$670,000
$89.76
746 SF
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8/15/2018
1962 |
$67,000 |
Mix Unknown; Cash Sale |
Cypress Arms
3141 E. Cypress St.
Phoenix |
12
6,219 |
$950,000
$152.76
518 SF |
8/15/2018
1975 |
$79,167 |
All 1/1's; 42% Down; New Loan; Firstbank; Last Sale: 07/2010 $400,000 |
Silver Tree
4336 N. 35th Avenue
Phoenix |
98
59,152 |
$8,150,000
$137.78
604 SF |
8/17/2018
1986 |
$83,163 |
16-0/1's, 42-1/1's, 15-2/1's, 24-2/2's; 13% Down; New Loan: Bancorp Bank; Last Sale: 07/2013 $1,645,000 |
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Arizona's unemployment rate dips to 4.6% in July.
(Report from AZ Office of Economic Opportunity)
Time to purchase that second or larger multi-family property.
Any questions??? Call Me.
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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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| Click Here for Interactive Map |
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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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