 |
Linda Fritz-Salazar
Associate Broker
|
 |
Scott Trevey, CCIM
Senior Associate
Call 480 205 0862
Email
|
|
|
Weekly Apartment Closing Update through
July 13, 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 |
Suede
2525 N. 52nd Street
Phoenix |
13
10,342 |
$1,450,000
$140.20
796 SF |
7/9/2018
1968, 1974 |
$111,538 |
1-0/1, 5-1/1's, 7-2/1's, 1-3; 40% Down; New Loan: BankFinancial; Last Sale: 11/2016 $1,030,000 |
Valle Cita
2311 E. Union Hills
Phoenix |
146
108,435
|
$16,500,000
$152.16
743 SF |
7/9/2018
1985 |
$113,014 |
10-0/1's, 40-1/1's, 64-2/1's, 32-2/2's; 30% Down; New Freddie Mac Loan; Last Sale: 02/2015 $8,535,000 |
Maryland Palms
2507 W. Maryland
Phoenix |
22
14,836q
|
$1,485,000
$100.09
674 SF |
7/12/2018
1966 |
$67,500 |
1-0/1, 19-1/1's, 2-2/2's; 25% Down; New Loan: Firstbank; Last Sale: 2/2/2018 $1,463,000 |
Greenway Landing S & N; 2502 E. Greenway
Phoenix |
90
69,372 |
$7,145,000
$103.00
771 SF |
7/12/2018
1981 |
$79,389 |
8-1/1's, 82-2/1's' 25% Down; New Loan: Grandbridge R.E. Capital; Last Sale: 05/2016 $4,500,000 |
Vue on Camelback
4802 N. 15th Avenue
Phoenix |
93
58,410 |
$9,500,000
$162.64
628 SF |
7/12/2018
1974 |
$102,150 |
48-1/1's, 45-2/1's, 35% Down; New Loan: New York Community Bank; Last Sale: 09/2015 $3,325,000 |
402 S. Beck Ave.
Tempe |
10
5,850 |
$1,100,000
$188.03
585 SF |
7/13/2018
1962 |
$110,000 |
Unknown; 11% Down; New Loan: Capital Fund; Last Sale 06/1999 $90,000 |
Mariposa at 5th
501 & 511 E. Mariposa
Phoenix |
16
12,432 |
$1,700,000
$136.74
777 SF |
7/13/2018
1950 |
$106,250 |
14-1/1's, 2-2/1's; 41% Down; New Loan: FirstBank; Last Sale: 07/2015 $1,155,000 |
17 ON 15th
3358 N. 15th Ave.
Phoenix |
17
11,194 |
$1,475,000
$131.77
658 SF |
7/13/2018
1958 |
$86,765 |
2-0/1's, 11-1/1's, 4-2/1's; 25% Down; New Loan: Pacific Premier Bank; Last Sale: 09/2000 $567,500 |
|
|
Prices continue to rise as rents continue to increase.
Vacancies are low. Fundamentals remain very strong. It is time to sell that small building and buy a larger property.
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]
|
|
|
|
|
|
