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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
July 12, 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 |
Crowne Point
1815 W. Colter
Phoenix |
35
28,800 |
$4,000000
$138.89
823 SF |
7/8/2019
1970 |
$114,286 |
All 2/1's; 3% Down; New Loan: International Bank & Trust; Last Sale: 11/2017 $2,975,000 |
Desert Oasis
402 N. 10th Street
Phoenix |
14
8,008 |
$1,235,000
$154.22
572 SF |
7/8/2019
1963 |
$88,214 |
Mix Unknown; 1% Down; New Loan: First Bank; Last Sale: 04/2006 $1,000,000 |
Jefferson Chandler
3950 W. Chandler
Chandler |
283
301,597
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$69,250,000
$229.61
1,066 |
7/9/2019
2018 |
$244,700 |
165-1/1's, 118-2/2's; 38% Down; New Fannie Mae Loan; No Prior Sale |
Summerhill
2925 N. Greenfield Rd.
Phoenix |
130
94,644 |
$12,400,000
$131.02
728 SF |
7/9/2019
1970 |
$95,385 |
1-0/1, 63-1/1's, 66-2/1's; M/M; 32% Down; New Fannie Mae Loan; Last Sale: 06/2017 $9,300,000 |
Aventura
10350 W. McDowell
Avondale |
408
368,436 |
$65,400,000
$177.51
903 SF |
7/9/2019
2000 |
$160,294 |
228-1/1's, 36-2/1's, 132-2/2's, 12-3's; 3% Down; New Fannie Mae Loan; Last Sale: 12/2015 $42,240,000 |
Gateway House
1401 N. 3rd Street
Phoenix |
29
23,508 |
$3,350,000
$142.50
960 SF |
7/10/2019
1967 |
$115,517 |
28-1/1's, 1-2/1; 30% Down; New Loan: MidFirst; Last Sale: 05/2002 $1,500,000 |
Main Street Lofts
21068 W. Main Street
Mesa |
45
44,750 |
$5,250,000
$117.32
811 SF |
7/12/2019
2004 |
$116,667 |
Mix Unknown; 30% Down; New Loan: Wash. Fed.; Last Sale: 09/2013 $4,735,000 |
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STRONG WEEK WITH SEVEN SALES. TWO WERE BUILT IN THE 1960'S,
TWO IN THE 1970'S AND THREE FROM 2000 TO 2018.
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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