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Linda Fritz-Salazar
Associate Broker
Senior Associate
Call 602.989.9487
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Jon Coffen
Senior Associate
Call 480.653.3600
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Weekly Apartment Closing Update through
March 8, 2019
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Mark your Calendars!!
The next Town Hall is Wednesday, March 27, 2019,
at Copenhagen, 1701 E. Camelback
5:30 - 7:30
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 |
Paiute & Parkway
3507 N. 64th Place
Scottsdale |
13
10,903 |
$2,100,000
$192.61
839 SF |
03/01/2019
1969 |
$161,538 |
All 2/1's; 32% Down; New Loan: KS State Bank; Last Sale:10/2009 $560,000 |
Greentree
5959 W. Greenway Rd.
Glendale |
184
127,444
|
$24,500,000
$192.24
693 SF |
3/4/2019
1986 |
$133,152 |
128-1/1's, 56-2/2's; 29% Down; New Fannie Mae Loan; Last Sale: 03/2009 $7,850,000 |
Crossroads Tempe
1010 E. Orange St.
Tempe (PROPOSED) |
270 Units |
$15,575,000
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3/4/2019
1963 |
$145,561 |
Existing 107 Units to be demolished; Cash Sale; Tempe approved new development for 264 Student Housing Units + 6 Live Work & 9,813 SF Com'l.; Last Sale: 10/2010 $4,800,000 |
The Alan
2346 E. McKellips
Mesa |
17
21,760 |
$4,850,000
$222.89
1,280 SF |
3/1/2019
2018 |
$285,294 |
All 3's; 35% Down; New Fannie Mae Loan; No Prior Sale |
Studio 710
710 S. Hardy Drive
Tempe |
239
95,749 |
$26,750,000
$279.38
401 SF |
3/5/2019
1975, 1980 |
$111,925 |
96-0/1's, 143-1/1's; M/M; 31% Down; Assumed CMBS & New Fannie Mae for $4,041,000; Last Sale: 04/2017 $19,205,000 |
Park Ridge
1809 E. Broadway
Mesa |
10
8,258 |
$750,000
$90.82
826 SF |
3/6/2019
1972 |
$75,000 |
All 2/1's; Cash Sale; Last Sale: 05/2010 $260,000 |
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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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| Click Here for Interactive Map |
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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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