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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
October 12, 2018
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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 |
Mountain View Square
1145 E. Mountain View
Phoenix |
70
38,041 |
$4,425,000
$116.32
543 SF |
10/10/2019
1984 |
$63,214 |
50-1/1's, 20-2/1's; Fully Affordable; 25% Down; New Loan: NY Community Bank; Last Sale: 06/2013 $2,100,000 |
Melrose Flats
806 W. turney Ave.
Phoenix |
12
7,285 |
$1,875,000
$257.38
607 SF |
10/9/2018
1956 |
$156,250 |
10-1/1's, 2-2/2's; Totally Renovated; 42% Down; New Loan: Pacific Premier Bank; Last Sale: 03/2014 $562,500 |
Sedona Ridge
5010 E. Cheyenne Dr.
Phoenix |
250
24,518 |
$42,800,000
$190.63
898 SF |
10/12/2018
1988 |
$171,200 |
118-1/1's, 118-2/2's, 14-3/2's; 26% Down; New Freddie Mac Loan; Last Sale: 02/2013 $27,114,987 |
Beverly Palms
1942-2014 W. Berridge
Phoenix |
18
15,000 |
$2,475,000
$165.00
833 SF |
10/12/2018
1961 |
$137,500 |
4-1/1's, 7-2/1's, 7-3's; 38% Down; New Freddie Mac Loan; Last Sale: 05/2016 $1,305,000 |
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Maricopa County tops the list of desirable places to relocate with a 221,000 net population increase via domestic migration between 2012 and 2017.
The median household income in the Phoenix area is around 63,000, only about $3,000 less than that in Los Angeles metro ($66,000). Meanwhile, the rent is $1,000 per month cheaper in Phoenix.
(Article originally posted on AZ Big Media on 10/15/2018)
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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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