Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


Email
Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


Email
Weekly Apartment Closing Update through  June 22, 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
Sun Wood
9415 N. 99th Avenue
Peoria
220
179,943
$23,250,000
$129.21
818 SF
6/20/2018
1984

$105,682
104-1/1's, 116-2/2's; $1MM Down; New Freddie Mac Loan; Last Sale: 12/2005 $14,200,000
Adobe Ridge
4545 W. Beardsley Rd.
Glendale
224
218,961
$41,000,000
$187.25
978 SF
6/22/2018
2005

$183,036
136-1/1's, 76-2/2's, 12-3's; 38% Down; Freddie Mac Loan; Last Sale: 6/12/2014 $26,050,000
Williams Landing
5850 S. Power Rd.
Gilbert
72
42,798
$7,500,000
$175.24
594 sf
6/22/2018
1982, 1986

$104,167
42-1/1'S, 30-2/1'S; 24% Down; New Freddie Mac Loan; Last Sale: 03/2015 $4,150,000
Audere
1920 E. Indian School
Phoenix
220
198,000
$50,500,000
$255.05
900 SF
6/20/2018
2017

$229,545
94-1/1's, 106-2/2's, 20-3's; 39% Down; New Loan: Met Life; No Prior Sale

Scottsdale showing highest median rent for June, 2018, followed by Gilbert and Chandler ( Source: Zumper)

Any questions???  Call Me.



Data Source: CoStar, BREW, Vizzda plus personal information

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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.

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]

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