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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 21, 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 |
Hidden Village
1006 W. Main Street
Mesa |
84
64,415 |
$7,400,000
$114.88
767 SF |
6/18/2019
1985 |
$88,095 |
24-1/1's, 60-2/2's; 6% Down; New Loan: ReadyCap Com'l.; Last Sale: 09/2012 $4,000,000 |
Scottsdale Meadows
10888 N. 7oth Street
Scottsdale |
168
149,520
|
$34,500,000
$230.74
890 SF |
6/19/2019
1984 |
$205,357 |
72-1/1's, 72-2/2's, 24-3/2's; 40% Down; New Freddie Mac Loan; Last Sale: 06/2013 $20,630,000 |
Monte Viejo
2220 E. Beardsley
Phoenix |
480
338,641 |
$77,500,000
$228.86
706 SF |
6/20/2019
2004 |
$161,458 |
102-0/1's, 162-1/1's, 36-2/1's, 144-2/2's, 18-3's, 18-4's; Cash Sale; Last Sale: 05/2016 $58,550,000 |
Radius
2602 W. Glenrosa Ave.
Phoenix |
72
30,436 |
$4,450,000
$146.21
423 SF
|
6/20/2019
1978 |
$61,806 |
48-0/1's, 22-1/1's, 2-2/1's; M/M; 27% Down; New Loan: Capital One; Last Sale: 03/2016 $1,695,000 |
Franmar Manor
3825 W. McDowell
Phoenix |
78
66,534 |
$8,500,000
$127.75
853 SF |
6/21/2019
1983 |
$108,974 |
12-1/1's, 56-2/1's, 10-2/2's; M/M; Fully Affordable; 3% Down; New Fannie Mae Loan; Construction Contract for $4,857,000; Last Sale: 06/1999 $1,725,000601 |
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FROM WORK FORCE HOUSING TO CLASS A, A NICE STRONG WEEK,
AGAIN, FOR MULTIFAMILY SALES
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
[email protected]
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