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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 11, 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 |
Hanover Mill Avenue
101 W. 5th Avenue
Tempe |
341
277,717
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$95,100,000
$342.43
814 SF |
5/7/2018
2015 |
$278,886 |
247-1/1's 94-2/2's; Cash Sale: Buyer: Goldman Sachs; No previous sale |
Autumn Creek
1320 N. McQueen Rd.
Chandler |
360
312,526 |
$45.500,000
$145.59
868 SF |
5/10/2018
1986 |
$126,389 |
56-0/1's, 96-1/1's, 208-2/2's; 26% Down; New Loan: Canadian Imperial Bank; Last Sale: 04/2017 $36,000,000 |
Casa La Jolla
5228 W. Glenn Drive
Glendale |
18
11,556 |
$1,175,000
$101.68
642 SF |
5/10/2018
1960, 1971 |
$65,278 |
1-0/1, 9-1/1's, 8-2/1's; 51% Down; New Loan: FirstBank; Last Sale: 12/2014 $605,000 |
2928 W. Orangewood
Phoenix |
11
9,145 |
$765,000
$83.65
831 SF |
5/10/2018
1940, 1965 |
$69,545 |
Mix Unknown; Cash Sale; Last Sale: 02/2018 $620,000 |
Capri on Camelback
5115 N. 40th Street
Phoenix |
556
373,248 |
$81,250,000
$217.68
671 SF |
5/11/2018
1970 |
$146,133 |
168-0/1's, 280-1/1's, 108-2/2's; M/M; 20% Down; New Loan: ($55M) IDA - Wilmington Trust & ($10M) B of A; Last Sale: 02/2007 $45,000,000 |
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The iconic Capri on Camelback sells for $81,250,000 and in Tempe, the Hanover Mill Avenue, newly built in 2015 sells for $95,100,000.
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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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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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