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Linda Fritz-Salazar
Associate Broker
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Scott Trevey, CCIM
Senior Associate
Call 480 205 0862
Email
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Weekly Apartment Closing Update through
May 25, 2
018
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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 |
Zazu Pannee Park Regent, 1502 E. Osborn, Phoenix
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185
129,071 |
$22,250,000
$172.39
698 SF |
5/22/2018
1953 |
$120,270 |
9-0/1's, 89-1/1's, 87-2/1's; Renovated in 2008; 30% Down; New Loan: N.Y. Community; Last Sale 2/1/2006 $12,000,000 |
Seventeen 805
17805 N. 40th Street
Phoenix |
138
151,460 |
$16,780,000
$110.79
1,097 SF |
5/22/2018
1984 |
$121,594 |
1-1/1, 3-2/1's, 134-2/2's; 36% Down; Assumed Freddie Mac Loan; Last Sale: 09/2016 $10,750,000 |
Sonoma Ridge
8201 W. Beardsley Rd.
Peoria |
240
227,740 |
$42,000,000
$184.42
949 SF |
5/23/2018
2001 |
$175,000 |
108-1/1', 85-2/2's, 47-3's; 47% Down; New Fannie Mae Loan; Last Sale: 02/2016 $30,200,000 |
Epic at University Pt.
1224 E. Lemon St.
Tempe |
65
52,910 |
$7,500,000
$141.75
814 SF |
5/23/2018
1965 |
$115,385 |
26-1/1's, 39-2/1's; 7% Down; New Loan: Macquarie Group; Last Sale: 11/2012 $3,640,000 |
Fairways at Cave Creek
2140 W. Thunderbird
Phoenix |
376
268,400 |
$37,250,000
$138.79
714 SF |
5/24/2018
1981 |
$99,069 |
48-0/1's, 168-1/1's, 160-2/2's; 20% Down; New Loan: East West Bank; Last Sale: 03/2017 $27,072,000 |
Palm Villas
7002 E. Palm Lane
Scottsdale |
90 of 106
73,880 |
$10,330,000
$139.82
821 SF |
5/24/2018
1963 |
$114,778 |
Mix Unknown; New Loan: Walker & Dunlop |
College Town Tempe
950 S. Terrace
Tempe |
150
121,274 |
$16,300,000
$134.41
808 SF |
5/25/2018
1968 |
$108,667 |
83-1/1's, 67-2/2's; 17% Down; New Loan: Voya Financial; Last Sale: 07/2010 $4,800,000 |
Regency Park
6333 N. 12th Street
Phoeix |
104
88,368 |
$13,500,000
$152.77
850 SF |
5/25/2018
1971 |
$129,808 |
50-1/1's, 54-2/2's; M/M; 19% Down; New Loan: Hunt Mortgage; Last Sale: 01/2017 $9,150,000 |
2031 E. Glenrosa
Phoenix |
10
7,695 |
$1,556,000
$202.21
767 SF |
5/25/2018
1980, 1990 |
$155,600 |
Mix Unknown; Renovated; 25% Down; New Freddie Mac Loan; Last Sale: 6/30/2016 $325,000 |
340 W. Highland
Phoenix |
10
5,776 |
$825,000
$142.83
578 SF |
5/25/2018
1929, 1946 |
$82,500
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Mix Unknown; 20% Down; New Loan: Commloan; Last Sale: 04/2004 $500,000 |
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Town-Hall Style Meeting for Owners of Small and Mid-Size Apartment
Wed., June 6, 2018 6:00 to 7:30 PM st Copenhagen Furniture,
1701 E. Camelback Road
Call to Register!!
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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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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
Jim@KLCommGroup.com
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