830 East Turney Avenue | 830 East Turney Avenue, Phoenix, AZ 85014 | 12 Units | $3,500,000 | $291,667 Per Unit | $334.61 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (October 5, 2022) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,500,000 / $291,667 Per Unit / $334.61 Per SF sale of 830 East Turney Avenue, a 12-unit multifamily apartment community located in Phoenix, Arizona. ABI Multifamily's Mitchell Drake, Carson Griesemer, and Dallin Hammond represented the seller in this transaction.
The buyer and seller are based in Arizona.
Built in 1963 and renovated in 2022, 830 East Turney Avenue consists of 12 garden-style units. The property features a unit mix of (11) 2-bedroom / 1-bathroom units and (1) 3-bedroom / 1-bathroom unit. The interior renovations include new stainless-steel appliances, new cabinets and countertops, and an in-suite washer & dryer. Each unit also includes a covered carport.
830 East Turney Avenue is located within the North Central Phoenix submarket, between the I-17 and two miles from the SR-51 freeway by the entrance to the Camelback Employment Corridor. The property sits less than three miles from the Biltmore area, four miles north of Downtown Phoenix, and has easy access to all the dining, entertainment, and employment opportunities of both Uptown and Midtown Phoenix.
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.