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Linda Fritz-Salazar
Associate Broker
Senior Partner
Call 602.989.9487
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Jon Coffen
Senior Partner
Call 602.653.3600
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Weekly Apartment Closing Update through
June 28, 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 |
Canyons on Colter
5631 W. Colter Street
Phoenix |
304
224,421
|
$34,300,000
$152.84
738 SF |
6/24/2019
1984 |
$112,829 |
72-1/1's, 208-2/2's, 24-3's; 20% Down; New Freddie Mac Loan; Last Sale: 11/2017 $25,000,000 |
Mariposa Palms
114 E. Mariposa St.
Phoenix |
10
7,304 |
$2,025,000
$277,25
730 SF |
6/24/2019
1951 |
$202,500 |
2-1/1's, 8-2/1's; Renovated; Cash Sale; Last Sale: 11/30/2017 $1,835,000 |
Turney
2425 W. Turney Ave.
Phoenix |
10
6,271 |
$630,000
$100.46
570 SF |
6/21/2019
1945 |
$630,000 |
1-0/1, 1-1/1, 8-2/1's; $25,000 Down; Loan-Unison Bank for $ |
7421 N. 55th Avenue
Glendale |
18
15,970
|
$1,546,247
$96.82
887 SF |
6/24/2019
1948 |
$85,903 |
Mix Unknown; New Loan Velocity Com'l Capital; Last Sale: 12/1993; Price Unknown |
Ninety Degrees at Paradise Ridge, 18440 N. 68th St., Phoenix
|
337
297,352 |
$69,000,000
$232.05
882 SF |
6/25/2019
2008 |
$204,748 |
80-0/1's, 136-1/1's, 25-2/1's, 96-2/2's; 2% Down; New Freddie Mac Loan; Last Sale: 10/2013 $51,000,000 |
Villa Del Sol
6231 W. McDowell Rd.
Phoenix |
320
225,016 |
$32,250,000
$143.32
703 SF |
6/26/2019
1985 |
$100,781 |
72-1/1's, 196-2/1's, 52-2/2's; 27% Down; New Freddie Mac Loan; Last Sale: 11/2015 $12,200,000 |
Pastor Court
11913 W. Pastor Court
El Mirage |
20
22,740 |
$2,750,000
$120.93
1,137 SF |
6/26/2019
1999 |
$137,500 |
6-2/1's, 10-3/1's, 4-4/2's; Cash Sale; No Prior Sale |
Vista Ventana
3221 W. El Camino Dr.
Phoenix |
275
174,786 |
$27,070,552
$154.88
636 SF |
6/27/2019
1982 |
$98,438 |
24-0/1's, 228-1/1's, 22-2/2's; 24% Down; New Fannie Mae Loan;; Last Sale: 12/2016 $17,770,000 |
Las Colinas
5704 W. Thomas Rd.
Phoenix |
156
96,987 |
$14,750,000
$152.08
622 SF |
6/27/2019
1985 |
$94,551 |
80-1/1's, 76-2/1's; 2% Down; New BankCorp Bank Loan; Last Sale: 12/2012 $4,005,000 |
Ridgepoint
5020 W. Peoria Ave.
Phoenix |
164
107,415
|
$19,750,000
$183.87
655 SF |
6/27/2019
1985 |
$120,427 |
96-1/1's, 32-2/1's, 36-2/2's;
11% Down; New Loan: BankCorp Bank; Last Sale: 04/2015 $9,150,000 |
Solano Ridge
8135 N. 35th Avenue
Phoenix |
286
210,832 |
$29,629,448
$140,54
737 SF |
6/27/2019
1982 |
$103,599 |
174-1/1's, 112-2/2's; 22% Down; New Fannie Mae Loan; Last Sale: 12/2016 $18,480,000 |
Sterling on 28th
11821 N. 28th Drive
Phoenix |
224
158,736 |
$24,000,000
$151.19
709 SF |
6/28/2019
1980 |
$107,143 |
24-0/1's, 120-1/1's, 80-2/2's; 21% Down; New Loan: MF1 Capital LLC; Last Sale: 02/2017 $14,350,000 |
Avalon
2005 N. 103rd Avenue
Avondale |
400
430,822 |
$80,000,000
$185.69
1,077 SF |
6/28/2019
2018 |
$200,000 |
72-1/1's, 296-2/2's, 32-3/2's; Reverse 1031 Exchange Sale; 43% Down; New Freddie Mac Loan; No Prior Sale |
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HAVE A SAFE AND RELAXING 4TH OF JULY!
GOD Bless Our Troops
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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