COVID-19 Statement from ABI Multifamily -- March 24, 2020

As we all navigate these unprecedented and challenging times, we want you to know that we are working hard to maintain effective business operations and open channels of communication with all of our clients. Fortunately, we utilize and rely on technology as the backbone of operations for ABI. Our digital systems and virtual communications capabilities have allowed us to seamlessly and efficiently transition to a mostly remote working model. We are operating with our full capabilities and continue to provide the responsive and timely feedback we are known for.

Our team remains fully committed to providing our expertise in brokerage and advisory services, and serving as a resource for all relevant data and information. We will continue to help multifamily stakeholders make sound decisions in real-time, maintain maximum performance of their investment assets, and synthesize immediate, short, and long-term goals throughout this highly unusual time.

Quite simply - WE ARE HERE FOR YOU - in the best of times and the worst of times. Our seasoned advisors have been through it all. In our business, rents and occupancy are the pillars to stability. We are tracking both and can help you stay ahead of the changes in your submarkets.

It is time to think and act fast so reach out to one of our brokers over the phone or email. At the very least, you will enjoy a good conversation during these socially distant moments. We are all in this together. Here’s to strong health and rapid resolutions to the variety of challenges we collectively face. More power to all of you!

- The Team at ABI Multifamily

Available

The Tides at 38th

Offering Price

$6,400,000

Price/Unit:
$142,222
Price/SF:
$305.49
Units:
45
Year Built:
1967
Renovated:
2019

Property Location

2929 - 2941 North 38th Street
Phoenix, AZ 85018



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Role:

By Submitting your information, you hereby understand and agree that ABI Multifamily has been retained as the exclusive brokerage company representative for the Seller regarding the sale of the referenced property. The Seller has requested that all inquiries and communication with respect to the sale of the referenced property be directed solely to ABI Multifamily. ABI Multifamily has prepared marketing materials and other documents to be made available to the registered group, company and/or individual and the registrant acknowledges that this information is from sources believed to be reliable. ABI Multifamily and the Seller hereby do not make any representations or warranties as to the accuracy of the information. Any and all property information is to be independently verified by the registrant. Any and all documents received by registrant shall be deemed confidential and registrant further agrees not to disclose any of the information provided in regards to the referenced property to any other non-registrant or 3rd party. By submitting this registration, and selecting a specific role of principal or broker, the registrant acknowledges they are acting in that capacity. Further, in selecting principal as a role, the registrant agrees that no buyers broker fee will be paid to the registered group, company, and/or individual or any other outside buyers broker by ABI Multifamily.

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By Submitting your information, you hereby understand and agree that ABI Multifamily has been retained as the exclusive brokerage company representative for the Seller regarding the sale of the referenced property. The Seller has requested that all inquiries and communication with respect to the sale of the referenced property be directed solely to ABI Multifamily. ABI Multifamily has prepared marketing materials and other documents to be made available to the registered group, company and/or individual and the registrant acknowledges that this information is from sources believed to be reliable. ABI Multifamily and the Seller hereby do not make any representations or warranties as to the accuracy of the information. Any and all property information is to be independently verified by the registrant. Any and all documents received by registrant shall be deemed confidential and registrant further agrees not to disclose any of the information provided in regards to the referenced property to any other non-registrant or 3rd party. By submitting this registration, and selecting a specific role of principal or broker, the registrant acknowledges they are acting in that capacity. Further, in selecting principal as a role, the registrant agrees that no buyers broker fee will be paid to the registered group, company, and/or individual or any other outside buyers broker by ABI Multifamily.

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Document Vault

Marketing Materials
The_Tides_at_38th_-_Marketing_Brochure.pdf (2 MB) Registration required to access this document.
The_Tides_at_38th_-_Offering_Memorandum.pdf (26 MB) Registration required to access this document.
Financials
Tides_on_38th_-_rent_roll-20200213.xlsx (14 KB) Registration required to access this document.
Tides_on_38th_-_T12_Jan_2020.xlsx (18 KB) Registration required to access this document.
Photos
Tides-on-38th-Drone-1.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Drone-2.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Drone-3.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Drone-4.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-01.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-02.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-03.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-04.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-05.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-06.jpg (0 MB) Registration required to access this document.
Tides-on-38th-Exterior-07.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-08.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-09.jpg (929 KB) Registration required to access this document.
Tides-on-38th-Exterior-10.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-11.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-12.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-13.jpg (0 MB) Registration required to access this document.
Tides-on-38th-Exterior-19.jpg (1 MB) Registration required to access this document.
Tides-on-38th-Exterior-20.jpg (1 MB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-013-50-Pool_Deck.jpg (275 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-014-54-Units_and_Pool.jpg (343 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-015-44-The_Tides.jpg (305 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-022-5-Entry_and_Kitchen.jpg (140 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-023-18-Entry.jpg (123 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-024-22-Living_Room.jpg (112 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-025-33-Entry.jpg (121 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-026-23-Entry_and_Living_Room.jpg (119 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-027-27-Kitchen.jpg (165 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-028-30-Bedroom_and_Kitchen.jpg (159 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-029-34-Kitchen.jpg (183 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-030-19-Bedroom.jpg (105 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-031-32-Bedroom_Amenities.jpg (115 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-032-37-Bedroom_Closet.jpg (49 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-034-31-Bathroom.jpg (99 KB) Registration required to access this document.
2929_N_38th_St_Phoenix_AZ-large-035-36-Shower.jpg (53 KB) Registration required to access this document.
Offer Templates
LOI_Template_-_The_Tides_at_38th.docx (39 KB) Registration required to access this document.
Debt Quotes
Tower_Quote_Tides38th_20200218.pdf (265 KB) Registration required to access this document.
Loan_Quote_The_Tides_at_38th_02.24.20.pdf (27 KB) Registration required to access this document.

Primary Contacts

Royce Munroe
Vice President
602.635.7431
royce.munroe
@abimultifamily.com

Ryan Smith
Vice President
602.761.9318
ryan.smith
@abimultifamily.com