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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 14, 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 |
6633-6637
N. 58th Dr. Glendale |
10 5,819 |
$685,000 $117.72 582 SF |
6/7/2019 1945, 1995 |
$68,500 |
1-0/1, 6-1/1's, 3-2/1's; Cash Sale; Last Sale: 11/30/2018 $500,000 |
Villas De Azul 2627 N. 45th Avenue Phoenix
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301 265,944
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$19,800,000 $74.45 884 SF |
6/11/2019 1972 |
$65,781 |
33-1/1's, 130-2/1's, 138-3's; M/M; 18% Down; New loan from BankCorp Bank to include Reno $; Last Sale: 06/2017 $12,742,000 |
Sonoran Vista 9340 E. Redfield Rd Scottsdale |
264 271,112 |
$67,000,000 $247.13 1,027 SF |
6/13/2019 1996 |
$253,788 |
108-1/1's, 132-2/2's, 24-3's; New Gannie May Loan; Last Sale: 08/2014 $43,00,000 |
Las Casitas 1408 N. Central Ave. Avondale |
168 159,768 |
$22,000,000 $137.70 951 SF |
6/14/2019 1978 |
$130,952 |
28-1/1's, 112-2/2's, 28-3's; 23% Down; New Freddie Mac Loan; Last Sale: 07/2015 $9,750,000 |
Colony 4711 N. 53rd Lane Phoenix |
236 212,488 |
$25,100,000 $118.12 900 SF |
6/14/2019 1979 |
$106,356 |
100-1/1's, 136-2/2's; 26% Down; New Loan: CIT Bank; Last Sale: 10/013 $8,600,000 |
Ridge View 13225 N. Fountain Hills Blvd., Ftn Hills |
150 158,916 |
$30,300,00 $190.67 1,059 SF |
6/14/2019 1998 |
$202,000 |
All 2/2's; 45% Down; New Fannie Mae Loan; Last Sale: 04/2016 $18,800,000 |
Black Farm Condos 330 N. Comanche Chandler |
19 of 54
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$1,960,000 |
6/14/2019 1973 |
$103,158 |
Last Sale: 4/13/2018; $1,800,000 |
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ANOTHER STRONG WEEK FOR APARTMENTS SALES.
BROAD MIX OF SALES FROM $65,000/DOOR TO $254,000/DOOR
BUYERS ARE VERY BULLISH ON OUR MARKET AS
FUNDAMENTALS HAVE STAYED STRONG AND
BOTH POPULATION AND BUSINESS GROWTH CONTINUE.
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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