Press Release | ABI Multifamily Brokers 26-Unit Multifamily Apartment Property for $3,925,000

Phoenix AZ, Multifamily, Apartments, Investment Sales, Carson Griesemer, Dallin Hammond, Mitchell Drake, The Oasis


The Oasis | 1914 West Hayward Avenue, Phoenix, AZ 85021 | 26 Units | $3,925,000 | $150,962 Per Unit | $193.05 Per SF


PRESS RELEASE
FOR IMMEDIATE RELEASE

Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com


ABI Multifamily Brokers 26-Unit Multifamily Apartment Property for $3,925,000


Phoenix, AZ. (March 25, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,925,000 / $150,962 Per Unit / $193.05 Per SF sale of The Oasis, a 26-unit multifamily apartment property located in Phoenix, Arizona.


Built in 1968 and renovated in 2021, The Oasis is a condo-mapped, block-constructed community that consists of (26) two-bedroom / one-bathroom units. All units feature brand-new stainless-steel appliances, white cabinetry, new countertops, new flooring, in-suite washers and dryers, and large private patios. All units are individually metered for electricity. Community amenities include a swimming pool and a large central courtyard.


The Oasis is located just minutes from Royal Palm Park, Christown Spectrum Mall, Fry’s Marketplace, Sprouts Farmers Market, and In-N-Out Burger and includes easy access to the Valley Metro Light Rail and I-17 Freeway.


ABI Multifamily's Mitchell Drake, Dallin Hammond, and Carson Griesemer represented the buyer and seller in this transaction.


The buyer is based in Arizona and the seller is based in Canada.


ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Tucson, Sacramento, and San Diego, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.