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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
June 1, 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 |
4328 N. Longview
Phoenix |
10
5,827 |
$775,000
$133.00
583 SF |
5/25/2018
1958 |
$77,500 |
1-0/1, 7-1/1's, 2-2/2's; Cash Sale & then Borrowed $180,113 from Waterstone Mortgage; Last Sale: 01/2015 $309,900 |
The V on 26th
4241 N. 26th Street
Phoenix |
11
6,769 |
$1,900,000
$280.69
615 SF |
5/29/2018
1962 |
$172,727 |
7-1/1's, 4-2/1's; Renovated 2017/2018; 26% Down; New Loan: Opus Bank; Last Sale: 05/2017 $935,000 |
15th Avenue
10231 N. 15th Avenue
Phoenix |
12
8,321 |
$820,000
$98.55
693 SF |
5/25/2018
1964 |
$68,333 |
All 2/1's; 30% Down; New Loan: Wash Fed; Last Sale: 04/2017 $605,000 |
Verde
17950 N. 68th Street
Scottsdale |
204
176,555
|
$39,500,000
$223.73
865 SF |
5/31/2018
2009 |
$193,627 |
60-1/1's, 123-2/2's, 21-3's; 46% Down; New Freddie Mac Loan; Last Sale (REO) 11/2013 $30,050,000 |
Coronado
743 E. Coronado
Phoenix |
12
9,358 |
$1,560,000
$166.70
780 SF |
5/31/2018
1951, 1980 |
$130,000 |
2-0/1's, 4-1/1's, 6-2/1's; 36% Down; New Loan: Opus Bank; Last Sale: 09/2015 $800,000 |
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There were another five sales of properties with less than ten units. Looks like several were purchased for renovation.
It's getting harder to find product
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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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