Apartment Buildings in Banks | Reonomy

Apartment Buildings in Banks

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Reonomy attracts a large community of Banks commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in apartment buildings.

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Banks apartment building sold prices and values

Values and sold prices (last 24 months) United States Arizona Banks
Average price/sqft $2,120 $26,918 --
Average sold price $3,278,516 $19,233,932 --
Median sold price $286,822 $4,140,000 --
Number of sales 113,283 975 --
Number of sales over $250k 62,034 903 --
Number of sales over $1m 24,855 727 --
Number of sales over $10m 5,912 406 --
Average total tax amount $22,890 $50,380 --
Average assessed value $1,080,530 $625,630 --
Average market value $1,384,340 $6,249,154 --

Banks apartment building property averages

Property averages United States Arizona Banks
Average lot size 156,594 sf 123,501 sf --
Median lot size 7,856 sf 31,700 sf --
Average building area 720 sf 590 sf --
Median building area 66 sf 94 sf --
Median year built 1955 1978 --
Average number of units 19 117 --
Median number of units 4 30 --

Banks apartment building total supply

Supply United States Arizona Banks
Number of parcels 1,615,369 6,312 --
Aggregate lot acerage 25,561,624 17,065 --
Aggregate building area 513,787,987 sf 2,352,836 sf --
Aggregate units 17,489,365 356,371 --

Banks apartment building industrial mortgages

Debt United States Arizona Banks
Number of mortgages 4,233,758 26,567 --
Average value of mortgages $2,205,853 $6,798,941 --

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