Senior Apartment Team
Linda Fritz-Salazar
Associate Broker


Call 602 759 1204


Email
Scott Trevey, CCIM
Senior Associate


Call 480 205 0862


Email
Weekly Apartment Closing Update through  October 5, 2018



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
$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
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
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)


Data Source: CoStar, BREW, Vizzda plus personal information

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.

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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