 |
Linda Fritz-Salazar
Associate Broker
|
 |
Scott Trevey, CCIM
Senior Associate
Call 480 205 0862
Email
|
|
|
Weekly Apartment Closing Update through
July 6, 2
018
|
|
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 |
Willow Creek
2020 E. Broadway Rd.
Tempe |
402
304,618
|
$60,500,000
$198.61
758 SF |
7/2/2018
1983 |
$150,498 |
32-0/1's, 214-1/1's, 40-2/1's, 116-2/2's; 26% Down; New Fannie Mae Loan; Last Sale: 03/2007 $34,100,000 |
Village at Lindsay Park
1441 S. Lindsay Road
Mesa |
256
240,245 |
$45,810,000
$190.68
938 SF |
7/2/2018
1997 |
$178,945 |
88-1/1's, 136-2/2's, 32-3's; 30% Down; New Freddie Mac Loan; Last Sale: 09/2007 $25,400,000 |
Suncreek
15050 N. 59th Avenue
Glendale |
175
130,443 |
$23,000,000
$176.32
745 SF |
7/2/2018
1986 |
$131,429 |
79-1/1's, 96-2/2's; 62% Down; New Fannie Mae Loan; Last Sale: 08/2006 $12,725,000 |
Avenue 801
801 W. Turney Ave.
Phoenix |
60
35,206 |
$7,000,000
$198.83
587 SF |
7/3/2018
1956 |
$116,667 |
30-1/1's, 30-2/1's; Cash Sale; Last Sale: 12/2016 $5,425,000 |
530-538 N. Williams
Mesa |
18
17,626 |
$1,500,000
$85.10
979 SF |
7/3/2018
1968 |
$83,333 |
All 2/2's; 33% Down; Seller Carry; Last Sale: 12/2010 $150,000 |
Heritage Park
1545 W. Denton
Phoenix
|
22
14,852 |
$1,900,000
$127.93
675 SF |
7/5/2018
1983 |
$86,364 |
10-1/1's, 12-2/1's; 37% Down; New Wash. Fed. Loan; Last Sale: 11/2016 $1,265,000 |
Parkview on 5th
704-724 W. 5th Street
Tempe |
17
10,845 |
$2,520,000
$232.37
634 SF |
7/5/2018
1961 |
$148,235 |
2-0/1's, 11-1/1's, 2-2/1's, 2-2/2's; 31 % Down; New Opus Bank Loan; Last Sale: 5/31/2017 $1,750,000 |
Sanjo
722 E. Turney Ave.
Phoenix |
10
6,433 |
$650,000
$101.04
643 SF |
7/5/2018
1949 |
$65,000 |
All 1/1's; Private Financing; Last Sale: 09/2002 $260,500 |
Pinchot Arms
2326 E. Pinchot Ave.
Phoenix |
12
9,416 |
$1,440,000
$152.93
785 SF |
7/6/2018
1958 |
$120,000 |
4-1/1's, 8-2/1's; Cash; Last Sale: 01/2018 $1,100,000 |
Phoenician Villas
1545 W. Camelback Rd.
Phoenix |
92
43,336 |
$5,500,000
$126.83
471 SF |
7/6/2018
1968 |
$59,783 |
46-0/1's, 46-1/1's; 2% Down; New Loan: Bancorp Bank; Last Sale: 12/2017 $4,500,000 |
Avilla Grace
2121 N. Grace Blvd.
Chandler |
194
189,559 |
$45,000,000
$237.39
977 SF |
7/6/2018
2016 |
$231,959 |
46-1/1'S, 89-2/2'S, 59-3/2'S; 45% Down; New Loan: Parkway Bank & Trust; No Prior Sale |
|
|
Wages continue to increase in Maricopa County. People continue
to move here. Fundamentals remain very strong.
Any questions??? Call Me.
|
Data Source: CoStar, BREW, Vizzda plus personal information
|
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.
|
|
|
| Click Here for Interactive Map |
|
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.
|
|
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]
|
|
|
|
|
|
