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
Sir John's | 3141 North 37th Street, Phoenix, AZ 85018 | 14 Units | $2,700,000 | $192,857 Per Unit | $226.89 Per SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ – June 5, 2019: ABI Multifamily – the Western US' leading multifamily brokerage and advisory services firm – is proud to announce the $2,700,000 / $192,857 Per Unit / $226.89 Per SF sale of Sir John’s Apartments in Phoenix, Arizona.
Sir John’s is a 14-unit garden-style apartment community situated in the East Phoenix submarket’s Camelback East neighborhood, named by Zillow as most popular Phoenix neighborhood in 2018. The community’s location features nearly 20 restaurants in the immediate vicinity and makes it easily accessible to boutique and specialty retail and the State Route 51 freeway.
Built in 1967 and renovated in 2018, Sir John’s 14 two-bed/one bath units feature high-end fixtures and finishes throughout, modern countertops, plank flooring and stainless steel appliances.
ABI Multifamily’s VP Ryan Smith and the Private Apartment Team of Mitchell Drake and Dallin Hammond represented the Seller.
“Sir John’s Apartments are really a great mix of desirable features,” said Smith. “The property is small enough and classic enough to have a distinct feel and personality, but the interior renovations justify and promote rental rates that will provide a comfortable return on the Buyer’s investment.”
The Seller is an Arizona-based private investment company. The Buyer is a private investor based in California.
ABI Multifamily (http://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.