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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
August 16, 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 |
San Marquis
577 E. Baseline
Tempe |
224
235,509
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$58,500,000
$248.40
1,051 SF |
8/15/2019
2012 |
$261,161 |
75-1/1's, 122-2/2's, 27-3/2's; 39% Down; New Fannie Mae Loan; Last Sale: 12/2013 $32,255,000 |
Villa Serena
4221 W. Dunlap Ave.
Phoenix |
137
108,423 |
$17,575,000
$162.10
791 SF |
8/16/2019
1982 |
$128,285 |
63-1/1's, 74-2/2's; 27% Down; New Fannie Mae Loan; Last Sale: 3/28/2019 $12,100,000 |
Tides at Gilbert
36 E. Vaughn Ave.
Gilbert
|
42
48,132 |
$10,540,000
$218.98
1,146 SF |
8/16/2019
2006 |
$250,952 |
All 3's; 45% Down; New Fannie Mae Loan; Last Sale: 10/2017 $6,764,000 |
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Three Sales! San Marquis is a beautiful property built by Mark Taylor in 2012; Villa Serena is the third property purchased by the ZH MF Group in the last two weeks and Tides at Gilbert was purchased by a 1031 Buyer from CA. The agency loan interest rate on this property was 3.52%!! Nice!
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
[email protected]
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