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Linda Fritz-Salazar
Associate Broker
Senior Associate
Call 602.989.9487
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Jon Coffen
Senior Associate
Call 480.653.3600
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Weekly Apartment Closing Update through
March 1, 2019
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Mark your Calendars!!
The next Town Hall is Wednesday, March 27, 2019,
at Copenhagen on E. Camelback
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 |
Walnut Grove
5957 W. Keim Drive
Glendale |
183
142,460
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$11,505,000
$86.45
727 |
2/25/2019
1962 |
$62,869 |
2-0/1's, 99-1/1's, 82-2/1's; 9% Down; New Loan: Corevest Finance; Last Sale: 03/2004 $4,333,000 |
Riverwood
25157 W. Beloat Road
Buckeye |
136
136,837 |
$10,875,000
$79.47
1,006 SF |
2/27/2019
2001 |
$79,963 |
56-2/1's, 80-3/2's; Partially Affordable; -0- Down; New Loan: Buyer's Co.; No Prior Sale |
Stetson
7350 E. Stetson
Scottsdale |
316
373,135 |
$97,000,000
$259.96
1,181 SF |
2/27/2019
2016 |
$306,962 |
174-1/1's, 138-2/2's, 4-3's; Cash Sale; No Prior Sale |
Enclave at Paradise Val
4502 E. Paradise Village Pkwy., Phoenix |
174
141,291 |
$24,000,000
$169.86
812 SF |
2/28/2019
1985 |
$137,931 |
120-1/1's, 54-2/2's; 23% Down; New Loan: NXT Capital; Last Sale: 2/25/2016 $19,000,000 |
Shalimar Sands
6824 E. 4th Street
Scottsdale |
26
20,716 |
$4,051,000
$195.93
797 SF |
3/1/2019
1959 |
$155,808 |
20-1/1's, 4-2/2's, 2-3's; Affordable thru 1/1/2021; 25% Down; New Loan: Zions Bank; Last Sale: 11/2013 $2,000,000 |
Juniper Meadows
16804 N. 42nd Ave.
Phoenix |
72
82,636 |
$11,500,000
$139.16
1,147 SF |
3/1/2019
2004 |
$159,722 |
All 2/2's, 35% Down; New Fannie Mae Loan; Last Sale: 05/2006 $7,600,000 |
| Tempo at McClintock Station, 1831 E. Apache Blvd., Tempe |
424
380,851 |
$89,200,000
$234.21
1,081 SF |
3/1/2019
2017 |
$210,875 |
239-1/1's, 157-2/2's, 27-3/2's; 19% Down; New Loan: Oaktree Capital Mgmnt; No Prior Sale |
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WOW! STETSON WAS THE WINNER. WHAT A GREAT LOCATION.
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
Jim@KLCommGroup.com
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