J P LIVING AT CATALINA PHOENIX, ARIZONA Project Team DEVELOPER ARCHITECT ENGINEER John A. LiSanti, President American Realty & Development 369 B Third Street, Suite 269 San Rafael, CA 94901 Joe Pinsonneault Damon Leverett, AIA Rachid Dia, P. E. Third Ave & Catalina, LLC Durrant Group David Evans & Assoc., Inc 1330 Orange Avenue, Suite 335 410 North 44 th Street, #800 2141 E. Highland Ave, #200 Coronado, CA 92118 Phoenix, AZ 85008 Phoenix, AZ 85016 LANDSCAPE ARCHITECT CONTRACTOR PROJECT MANAGER Kristina Floor, RLA, ASLA Ken Schacherbauer A. Dean Spears Floor Associates Perini Building Company Black Mountain Engineering, LLC 1425 North 1 st Street, 2 nd Floor 360 East Coronado Road 1000 West Coy Drive Phoenix, AZ 85004 Phoenix, AZ 85067 Flagstaff, AZ 86001 REAL ESTATE BROKER REPRESENTATION Ray Pacioni Nicholas J. Woods Fairmount Corp. Snell & Wilmer 22 E. Buchanan One Arizona Center Phoenix, AZ 85004 Phoenix, AZ 85004
J P LIVING AT CATALINA PHOENIX, ARIZONA Located in the mid-town area of Phoenix, the 3rd Street and Earll Drive project is a gate-guarded guarded urban enclave of Flats, and High Rise Condominium residences integrated into a world-class recreational environment featuring a state-of of-the-art fitness center, swimming pools, tennis and beach volleyball courts.
J P LIVING AT CATALINA PHOENIX, ARIZONA The unique project design includes 3 condominium towers each having 21 floors totaling 552 units, 126 flat units, and a 1,118 space underground parking structure that allows for both cost- efficient construction and compatibility with the surrounding residential neighborhood.
Project Site Plan 3033 North 3 rd Street, Phoenix, AZ 85012 439,307 Gross SQ FT, 360,302 Net SQ FT (8.3 Acres)
EAST TOWER 21 STORIES WITH 184 UNITS
NORTH TOWER 21 STORIES WITH 184 UNITS
SOUTH TOWER 21 STORIES WITH 184 UNITS
Condominium Towers Unit Type In Each Tower One Bedroom One Bedroom + Den Two Bedroom Two Bedroom + Den Three Bedroom Three Bedroom + Den Total Number 35 Units 34 Units 70 Units 37 Units 6 Units 2 Units 184 Units
Condominium Towers Unit Size In Each Tower One Bedroom Units Floor 2 1 @ 972 SF Floors 3 19 1 @ 959 SF On Each Floor 1 @ 974 SF On Each Floor Total Units = 35 Total Square Foot = 33,833 SF Each Tower Total All 3 Towers = 101,499 SF
Condominium Towers Unit Size In Each Tower One Bedroom + Den Units Floor 2 0 Units Floors 3 19 1 @ 933 SF On Each Floor 1 @ 969 SF On Each Floor Total Units = 34 Total Square Foot = 32,334 SF Each Tower Total All 3 Towers = 97,002 SF
Condominium Towers Unit Size In Each Tower Two Bedroom Units Floor 2 1 @ 1,198 SF 1 @ 1,464 SF Floors 3 19 1 @ 1,067 SF On Each Floor 1 @ 1,198 SF On Each Floor Total Units = 36 Total Square Foot = 41,167 SF Each Tower Total All 3 Towers = 123,501 SF
Condominium Towers Unit Size In Each Tower Two Bedroom + Den Units Floor 2 1 @ 1,046 SF Floors 3 19 1 @ 1,463 SF On Each Floor 1 @ 1,553 SF On Each Floor Floors 20 1 @ 1,464 SF Total Units = 36 Total Square Foot = 53,782 SF Each Tower Total All 3 Towers = 161,346 SF
Condominium Towers Unit Size In Each Tower Three Bedroom Units Floors 3-19 1 @ 0 SF On Each Floor Floors 20-21 1 @ 2,026 SF 1 @ 2,041 SF 1 @ 2,192 SF Total Units = 3 Total Square Foot = 6,259 SF Each Tower Total All 3 Towers = 18,777 SF
Condominium Towers Unit Size In Each Tower Three Bedroom + Den Units Floors 3-19 1 @ 0 SF On Each Floor Floors 20-21 1 @ 3,720 SF Total Units = 1 Total Square Foot = 3,720 SF Each Tower Total All 3 Towers = 11,160 SF
FLATS (Street View)
FLATS (TOWNHOMES) 2 STORIES WITH 126 UNITS
J P LIVING AT CATALINA PHOENIX, ARIZONA Flats Units (Townhomes) One Bedroom @ 840 SF Total Units = 63 Two Bedrooms @ 1,878 SF Total Units = 63 Total Number = 126 Units In 63 Buildings
Project Phasing There are Four Phases of Construction Phase 1 Phase 2 Phase 3 Phase 4 South Tower 184 Units 40 Flat Units and Recreation Building North Tower 184 Units 12 Flat Units East Tower 184 Units 26 Flat Units 48 Flat Units
Phase 1 South Tower 40 Flat Units and Recreation Building
Phase 1 Construction Costs Phase 1 South Tower 318,260 SF 40 Flats 54,360 SF Recreation Building 13,750 SF Total Construction Cost $74,115,819.00 Total Construction Cost per Square Foot $191.83 / SF
Phase 2 North Tower 12 Flat Units
Phase 2 Construction Costs Phase 2 North Tower 318,606 SF 12 Flats 16,308 SF Total Construction Cost $53,138,825.00 Total Construction Cost per Square Foot $158.66 / SF
Phase 3 East Tower 26 Flat Units
Phase 3 East Tower 26 Flat Units Phase 3 East Tower 314,134 SF 26 Flats 35,334 SF Total Construction Cost $54,166,135.00 Total Construction Cost per Square Foot $154.99 / SF
Phase 4 48 Flat Units
Phase 4 48 Flat Units Phase 4 48 Flats 65,232 SF Total Construction Cost $12,161,066.00 Total Construction Cost per Square Foot $186.43 / SF
Construction Cost Phase 1 Construction Cost $74,115,819.00 Phase 2 Construction Cost $53,138,825.00 Phase 3 Construction Cost $54,166,135.00 Phase 4 Construction Cost $12,161,066.00 Total Construction Cost $193,581,845.00
Graph Construction Costs Per Phase of Construction 80 70 60 50 40 30 20 10 0 1 2 3 4 South Tower North Tower East Tower Flats
Average Sales Price Based on $650 per square foot One Bedroom Units 1 @ 972 SF x $650 = $ 631,800.00 17 @ 959 SF x $650 = $10,596,950.00 17 @ 974 SF x $650 = $10,762,700.00 Total Sales 35 One Bedroom Units = $21,991,450.00
Average Sales Price Based on $650 per square foot One Bedroom + Den Units 17 @ 933 SF x $650 = $10,309,650.00 17 @ 969 SF x $650 = $10,707,450.00 Total Sales 34 One Bed + Den Units = $21,017,100.00
Average Sales Price Based on $650 per square foot Two Bedroom Units 1 @ 1,198 SF x $650 = $ 778,700.00 1 @ 1,464 SF x $650 = $ 951,600.00 17 @ 1,067 SF x $650 = $11,790,350.00 17 @ 1,198 SF x $650 = $13,237,900.00 Total Sales 36 Two Bedroom Units = $26,758,550.00
Average Sales Price Based on $650 per square foot Two Bedroom + Den Units 1 @ 1,046 SF x $650 = $ 679,900.00 1 @ 1,464 SF x $650 = $ 951,600.00 17 @ 1,463 SF x $650 = $16,166,150.00 17 @ 1,553 SF x $650 = $17,160,650.00 Total Sales 36 Two Bed + Den Units = $34,958,300.00
Average Sales Price Based on $650 per square foot Three Bedroom Units 1 @ 2,026 SF x $650 = $ 1,316,900.00 1 @ 2,041 SF x $650 = $ 1,326,650.00 1 @ 2,192 SF x $650 = $ 1,424,800.00 Total Sales 3 Three Bedroom Units = $4,068,350.00
Average Sales Price Based on $650 per square foot Three Bedroom + Den Unit 1 @ 3,720 SF x $650 = $ 2,418,000.00 Total Sales 1 Three Bed + Den Unit = $2,418,000.00
TOTAL SALES OF ALL 184 UNITS PER TOWER $111,211,750.00 TOTAL SALES ALL 3 TOWERS $333,635,250.00
FLAT UNIT SALES Based on $450 per square foot One Bedroom Units 63 @ 840 SF X $450 = $23,814,000.00 63 @ 1,878 SF X $450 = $53,241,300.00 Total Sales Flat Units = $77,055,300.00
GROSS PROFITS AFTER AVERAGE SALES Combined Sales $410,690,550.00 Less Construction Costs $193,581,845.00 Less Land Costs $ 30,000,000.00 Less Abatement Costs $ 3,000,000.00 Average Gross Profits $184,108,705.00
The project will be delivered fully entitled with marketing and unit pre-sales in place.
Contact Information Joe Pinsonneault at 619-708-4446 Or visit our website at www.americanrealtydevelopment.com www.jfp1334.com