June 8, 2017

2017 Q1 Metro Phoenix Apartment Market Newsletter

By |2019-09-10T20:38:50-07:00June 8th, 2017|

KLCG Partners with AMA The Kasten Long Commercial Group (KLCG) recently formed a partnership with the Arizona Multihousing Association (AMA) to oversee their Independent Apartment Owners Group and will provide quarterly meetings that focus on what’s currently and projected to drive the major economic engines across metro Phoenix. The 1st [...]

June 8, 2017

2414 W Devonshire Avenue 16 units sold June 9,2017

By |2019-09-10T20:10:26-07:00June 8th, 2017|

On June 9th, 2017, the 16 unit Devonshire Apartments located at 2414 W Devonshire Avenue in Phoenix sold for $1,000,000 ($62,500/unit) and was purchased by an exchange buyer out of southern California. The building was acquired by the seller in September of 2016 for $780,000. After installing automated entry/exit gates and [...]