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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 25, 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 |
Rezide Uptown 1420 E. Bethany Home Phoenix |
35 31,500 |
$6,950,000 $220.63 900 SF |
01/23/2019 1979 |
$198,571 |
All 2/2's; Renovated 2015/2016; Cash Sale; Last Sale: 5/25/2016 $6,299,000 |
Green Leaf on Bell fka: Trellis; 1100 E. Bell Rd. Phoenix |
306 336,529
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$61,650,000 $183.19 1100 SF |
01/23/2019 2018 |
$201,471 |
144-1/1's, 126-2/2's, 36-3/2's; 30% Down; New Freddie Mac Loan; No Prior Sale. |
Camel Square 5624-5646 N. 6th St. Phoenix
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18 15,192 |
$2,400,000 $157.98 844 SF |
01/23/2019 1949 |
$133,333
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11-1/1's, 5-2/1's, 2-3's; 9% Down; New Loan: Bank 34; Last Sale: 09/2002 $817,000 |
3030 North 3030 N. 7th Street Phoenix |
219 149,151 |
$26,500,000 $177.67 681 SF |
01/25/2019 1949, 1952 |
$121,005 |
36-0/1's, 116-1/1's, 56-2/1' 11-3's; M/M; New Loan - Amount Unknown; Last Sale: 05/2017 $19,000,000 |
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We are sensing a slowing in closings. This may be due to the Holidays.
We will watch
this closely as there are still an abundance of Buyers
and fundamentals
continue
to be strong. All four sales this week with unit prices
over $100,000/door.
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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