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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
October 5, 2018
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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 |
District on Apache
977 E. Apache Blvd.
Tempe |
279
365,225
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$158,081,449
$432.83
1,309 SF |
10/2/2018
2013 |
$566,600 |
20-1/1's, 40-2/2's, 76-3's, 143-4's; Student Housing; Fannie Mae - Cross-Collalteralized; Last Sale: 09/2014 $91,000,000
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Canyon Woods
4326 N. Black Canyon Hwy.
Phoenix |
224
143,614 |
$19,950,000
$138.91
641 SF |
10/3/2018
1984 |
$89,063 |
150-1/1's, 32-2/1's, 32-2/2's, 36% Down; New Freddie Mac Loan; Last Sale: 04/2011 $3,136,000 |
Vara: fka: Wellington
2922 N. 35th Street
Phoenix |
21
15,287 |
$2,500,000
$163.54
728 SF |
10/3/2018
1968 |
$119,048 |
19-1/1's, 2-2/1's; M/M; Renovated; 35% Down; New Loan: Opus Bank; Last Sale: 02/2017 $1,365,000 |
Willowood Square
16801 N. 31st St.
Phoenix |
28
20,408 |
$2,623,500
$128.55
729 SF |
10/4/2018
1985 |
$93,696 |
10-1/1's, 18-2/2's; 35% Down; New Loan: Opus Bank; Last Sale: 02/2005 $1,700,000 |
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The two highest overall performing submarkets in Metro
Phoenix
are Central
West Phoenix
with a 97.1% occupancy
and 10.1% YOY
increase in rent growth and Sunnyslope with
95.1% occupancy
and 8.4% YOY increase in rent growth. Call us for properties in these, and other, areas.
From Yardi Matrix August 2018 (50+ Units)
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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
Jim@KLCommGroup.com
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