4229 North 17th Street | 4229 North 17th Street, Phoenix, AZ 85016 | 8 Units | $2,155,000 | $269,375 Per Unit | $292.80 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (July 17, 2023) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,155,000 / $269,375 Per Unit / $292.80 Per SF sale of 4229 North 17th Street, a 8-unit multifamily apartment community located in Phoenix, Arizona. ABI Multifamily's Mitchell Drake, Dallin Hammond, and Carson Griesemer represented the Seller in this transaction.
The buyer is based in and the seller is based in Arizona.
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,155,000 / $269,375 Per Unit / $292.80 Per SF sale of 4229 North 17th Street, an 8-unit multifamily apartment community located in Phoenix, Arizona. ABI Multifamily's Mitchell Drake, Dallin Hammond, and Carson Griesemer represented the seller in this transaction.
The buyer and seller are based in Arizona.
4229 North 17th Street was originally built in 1982, is constructed from wood-frame and stucco, and has undergone extensive renovations that were completed at the beginning of 2020. This individually parceled, condo-mapped community features (8) large 2-bedroom / 2-bathroom units with a master-bathroom in each bedroom. The layouts of each unit feature vaulted ceilings, private backyards, an in-unit washer and dryer, along with a private exterior storage closet for all units. The interior renovations include contemporary cabinets, stainless-steel appliances, vinyl flooring, floating bathroom vanities, and more. The exterior upgrades include a dog run, community patio grill & bar, and picnic area. The community is securely gated and boasts a unique desert landscaping design for residents to enjoy.
4229 North 17th Street is a garden-style community located just west of the nearest 51-Freeway on-ramp and just south of the Camelback Corridor. The property is situated on a quiet street roughly half a mile from Madison Park and offers immediate access to the Town and Country Shopping Center and the Camelback Colonnade Shopping Mall which includes Whole Foods, Trader Joe's, Pizzeria Bianco, The Parlor, and more. 4229 North 17th Street is also near several major employers such as Banner Health, St. Joseph’s Hospital, U-Haul International, Wells Fargo, and Phoenix Children’s Hospital. This boutique community offers residents the ideal situation for a live, work, and play lifestyle.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Las Vegas, San Diego, and Tucson, 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.