Apartment Market and Sales Insights
Buyer of Zanterra Luxury Apt’s also purchased The Core at Scottsdale (15,333 N Hayden Rd.) on 5.7.2025. 282 units for $97,500,000 ($345,745/u).
There were no sales for the week ending 5/23/2025. The 16 unit property located at 750 E 1st Av. in Mesa went back to the lender at the Trustee Sale on 5/20/2025.
Since mid-2023, the number of apt. sales has significantly decreased. With the 10 Yr T-bills and lending rates showing no indication of declining, loans adjusting to market rates are providing opportunities for investors. See our Q1 2025 Apt. Owner’s Newsletter – link below.
Note that we also provide Interactive Maps and Downloadable Lists for currently advertised Apts For Sale, details of Prior Apt Sales and the New Apt Construction Pipeline. Use the Construction button below to show the location of the new projects. IT’S NOT Central Phoenix!