Scottsdale Shadows | 3219 North 67th Place, Scottsdale, AZ 85251 | 15 Units | $3,725,000 | $248,333 Per Unit | $370.65 Per SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ. (January 31, 2022) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,725,000 / $248,333 Per Unit / $370.65 Per SF sale of Scottsdale Shadows, a 15-unit multifamily apartment community located in Scottsdale, Arizona. ABI Multifamily's Royce Munroe represented the Buyer. ABI Multifamily's Dallin Hammond, Mitchell Drake, and Carson Griesemer represented the Seller in this transaction.
The buyer is based in Arizona and the seller is based in California.
Scottsdale Shadows is a 15-unit garden-style apartment community situated just outside of Old Town Scottsdale. The property is comprised of; (6) large studio apartments, (7) one-bedroom / one-bathroom units and (2) two-bedroom / one-bathroom units. The community features on-site laundry facilities, spacious courtyards, and private back patios.
Scottsdale Shadows offers a perfect location for both short-term visitors and traditional residents that appreciate its proximity to Scottsdale Fashion Square Mall and the Scottsdale Waterfront. Both shopping centers offer a vast selection of high-end stores, boutiques, restaurants, and cafes including; Neiman Marcus, Macy's, Juicy Couture, Gucci, P.F. Chang's, Kona Grill, Creamistry, and Press Coffee. Scottsdale Shadows is close to Osborn Medical Center, Banner Behavioral Health Hospital, Scottsdale Stadium, and has convenient access to the Loop 101 and 202 Freeways, Arizona State University Tempe Campus, and Phoenix Sky Harbor International Airport.
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.