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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 7, 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 |
Park Terrace
1011 E. Orange Street
Tempe |
40
24,939 |
$5,000,000
$200.50
623 SF |
6/3/2019
1963 |
$125,000 |
18-1/1'S, 22-2/1'S; 35% Down; Private Loan; Last Sale: 10/2010 $4,800,000 |
Arcadia Del Sol
4127 E. Indian School
Phoenix |
259
213,994
|
$40,350,000
$188.56
826 SF |
6/3/2019
1971, 1986 |
$155,791 |
112-1/1's, 68-2/1's, 79-2/2's; 27% Down; New Freddie Mac Loan; Last Sale: 03/2016 $23,450,000 |
Pillar at San Tan
2910 S. Greenfield Rd.
Gilbert |
315
309,176 |
$67,850,000
$219.45
982 SF |
6/4/2019
2009 |
$215,397 |
8-0/1's, 155-1/1's, 136-2/2's, 16-3's; 33% Down; Last Sale: 8/15/2012 $46,300,000 |
Carter
3300 N. Scottsdale Rd.
Scottsdale |
365
416,776 |
$117,800,000
$373.88
1,142 SF |
6/4/2019
2018 |
$322,740 |
232-1/1'S, 127-2/2'S; 45% Down; New Loan: Met Life; No Prior Sale |
Glen Square
7112-7122
N. 48th St.
Glendale |
11
7,056 |
$725,000
$102.75
641 SF |
6/4/2019
1975 |
$65,909 |
1-0/1, 4-1/1's, 6-2/1's; 35% Down; New Loan: Anderson Capital & Seller; Last Sale: 10/3/2017 $535,000 |
Retro on 32nd Street
3025 N. 32nd Street
Phoenix |
62
22,182 |
$5,350,000
$241.19
358 SF |
6/6/2019
1968 |
$86,290 |
31-0/1's, 29-1/1's, 2-2/1's; M/M; 30% Down; New Loan: Opus Bank; Last Sale: 10/2014 $1,031,250 |
Avenue 15
1609 W. 15th Avenue
Phoenix |
148
158,242 |
$14,725,000
$93.05
1,069 SF |
6/6/2019
1972 |
$99,493 |
28-2/1's, 65-2/2's, 55-3's; 30% Down; New Loan: Bancorp Bank; Last Sale: 06/2017 $8,639,000 |
Regent Manor
2936 N. 30th Street
Phoenix |
36
21,673 |
$2,700,000
$124.58
602 SF |
6/6/219
1970 |
$75,000 |
Mix Unknown; 6% Down; New Loan: Keystone Int'l. Group; Last Sale: 3/4/1981; Price Unknown |
Bonfire at Midtown
529-530 E. Mariposa
Phoenix |
24
15,240 |
$3,100,000
$203.41
635 SF |
6/7/2019
1964 |
$129,167 |
14-1/1's, 8-2/1's, 2-2/2's; 45% Down; New Freddie Mac Loan; Last Sale: 10/2015 $2,150,000 |
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TOWN HALL COMING UP TONIGHT, WEDNESDAY, JUNE 12TH
AZREIA CONFERENCE CENTER - 1841 N. 24TH STREET
6:00 - 7:30 PM
HOW TO MAXIMIZE VALUE AND KEEP YOUR PROFIT
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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