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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
May 4, 2
018
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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 |
San Montero
3636 E. Inverness Ave.
Mesa |
208
213,387
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$35,800,000
$167.77
1,026 SF |
4/30/2018
2000 |
$172,115 |
72-1/1's, 104-2/2's, 32-3's; 23% Down; New Loan: FirstBank; Last Sale: 08/2007; Price Unknown |
Vue Park West
9680 W. Northern Ave.
Peoria |
260
260,488 |
$43,550,000
$167.19
1,002 SF |
5/1/2018
2008 |
$167,500 |
42-0/1's, 84-1/1's, 119-2/1's,
15-3's; Cash Sale; Last Sale: 02/2014 $30,050,000 |
Desert Crown
1516 W. Colter St.
Phoenix |
35
31,198 |
$3,935,000
$126.13
891 SF |
5/1/2018
1963 |
$112,429 |
All 2/1's; 20% Down; New Loan: Readycap Commercial; Last Sale: 10/2017 $775,000 |
| Dakota at McDowell Mtn. Ranch, 16356 N. Thompson Peak Pkwy., Scottsdale |
736
803,691 |
$160,100,000
$199.21
1,092 SF |
5/2/2018
1997 |
$217,527 |
344-1/1's, 336-2/2's, 56-3's; Cash Sale; Last Sale: 03/1999 $62,450,000 |
Riverview Place
2107 W. Broadway Rd.
Mesa |
155
112,207 |
$14,500,000
$129.23
724 SF |
5/4/2018
1983 |
$93,548 |
14-0/1's, 91-1/1's, 12-2/1's, 38-2/2's; 8% Down; New Loan: C-III Capital; Last Sale: 10/2016 $10,850,000 |
Spanish Palms
225 S. Stapley Dr.
Mesa |
28
17,157 |
$1,500,000
$87.43
613 SF |
5/4/2018
1948-1975 |
$53,571 |
1-0/1, 21-1/1's, 6-2/1's; 25% Down; New Loan: UMB Bank; Last Sale: 05/2004 $1,150,000 |
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Two very large cash sales.
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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
Jim@KLCommGroup.com
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