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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
January 18, 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 |
Alcove at the Islands
1300 W. Warner Road
Gilbert |
272
136,160
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$48,600,000
$205.79
868 SF |
1/15/2019
1987 |
$178,676 |
96-1/1's, 144-2/2's, 32-3's; 32% Down; New Fannie Mae Loan; Last Sale: 10/2015 $33,500,000 |
Loma Bonita
1301 E. Mountain View Rd., Phoenix |
92
74,325 |
$7,935,000
$106.76
808 SF |
1/15/2019
1984 |
$86,250 |
All 2/1's; 13% Down; New Loan; La Salle Inv. Mgmnt.; Last Sale: 07/2004 $3,230,000 |
Sonoran
13625 S. 48th Street
Phoenix |
429
413,344 |
$84,250,000
$203.83
964 SF |
1/16/2019
1995 |
$196,387 |
120-1/1's, 226-2/2's, 83-3's; 35% Down; Last Sale: 02/2013 $50,966,034 |
Summer's Point
4441 W. Bethany Home
Glendale |
164
93,670 |
$12,500,000
$133.45
571 SF |
1/18/2019
1978 |
$76,220 |
60-0/1's, 96-1/1's, 8-2/2's; Cash Sale |
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2019
is starting out with several strong, solid sales. Fundamentals for
the Phoenix market continue to be strong, giving Buyers confidence in
adding to their portfolios and entering our market.
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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