|
Linda Fritz-Salazar
Associate Broker
|
|
Scott Trevey, CCIM Senior Associate
Call 480 205 0862
Email
|
|
Weekly Apartment Closing Update through
December 21, 2018
|
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 |
Apartments at 13th Place 4318 N. 13th Place Phoenix |
16 15,384 |
$1,544,000 $100.36 962 SF |
12/17/2018 1985 |
$96,500 |
8-2/1.5'S, 8-2/2'S; New Loan: FirstBank for $1,561,000; Last Sale: 09/2010; Price Unknown |
Avana McCormick Ranch, 8375 E. Via De Ventura, Scottsdale |
328 232,288
|
$63,500,000 $273.37 708 SF |
12/20/2018 1985 |
$193,598 |
6-0/1's, 183-1/1's, 27-2/1's, 106-2/2's, 4-3's, 2-4's; 30% Down; New Freddie Mac Loan; Last Sale: 12/10/2015 $42,983,000 |
San Melia 14435 S. 48th Street Phoenix |
488 488,104 |
$105,300,000 $215.73 1,000 SF |
12/21/2018 1998 |
$215,779 |
176-1/1's, 24-=2/2's, 72-3's; Cash Sale; Last Sale: 12/2015 $84,000,000 |
Villa Angela 1727 W. Cholla St. Phoenix |
32 25,600 |
$2,500,000 $97.66 800 SF |
12/21/2018 1986 |
$78,125 |
All 2/1's; 0 Down;; New Loan: BMO Harris Bank; Last Sale: 12/2013 $935,000 |
Town & Country Lodge 1425 E. Ocotillo Phoenix |
16 12,859 |
$2,200,000 $171.09 804 SF |
12/21/2018 1949 |
$137,500 |
Mix Unknown; 19% Down; New Loan for $3,576,000 from Parkway Bank & Trust; Last Sale: 10/2015 $1,600,000 |
Breckenridge 17625 N. 7th Street Phoenix |
308 318,120 |
$32,800,000 $103.11 1,033 SF |
12/21/2018 1984 |
$137,500 |
56-1/1's, 184-2/2's, 80-3's; 27% Down; New Loan: NXT Capital |
Highland Arms 1340 E. Highland Phoenix |
24 14,280 |
$2,450,000 $171.57 595 SF |
12/21/2018 1978 |
$102,083 |
1-0/1, 19-1/1's, 4-2/1's; 22% Down; New Loan: Mutual of Omaha Bank; Last Sale: 05/2007 $1,375,000 |
Solstice at Arcadia 5401 E. Thomas Phoenix |
181 164,872 |
$26,600,000 $161.34 911 sf |
12/21/2018 1980 |
$146,961 |
61-1/1'S, 120-2/2'S; M/M; 14% Down; New Loan: Colony Capital; Last Sale: 04/2017 $12,150,000 |
|
Good mix of large and small properties this week. Only two properties with units selling for less than $100,000/door. Market is solid. Happy New Year to Everyone. 2019 will be a good one!
Data Source: CoStar, BREW, Vizzda plus personal information
|
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.
|
|
Click Here for Interactive Map |
|
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.
|
|
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
|
|
|
|
|