Press Release | ABI Multifamily Brokers 22-Unit West Phoenix Townhome Rental Community for $7,150,000

Phoenix AZ, Multifamily, Apartments, Investment Sales, Alon Shnitzer, Rue Bax, San Dominic Townhomes

San Dominic Townhomes | 5112 North 17th Avenue, Phoenix, AZ 85015 | 22 Units | $7,150,000 | $325,000 Per Unit | $250 Per SF


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ABI Multifamily Brokers 22-Unit Multifamily Apartment Community for $7,150,000

Phoenix, AZ. (June 6, 2023) – – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,150,000 / $325,000 Per Unit / $250 Per SF sale of San Dominic Townhomes, a 22-unit multifamily townhome community located in Phoenix, Arizona. ABI Multifamily's Phoenix-based Institutional Apartment Group - Alon Shnitzer, Rue Bax, Eddie Chang, and Doug Lazovick represented the buyer and seller in this transaction.

The buyer and seller are based in Arizona.

San Dominic Townhomes is a 22-unit townhome rental community in west-central Phoenix, AZ. Situated on North 17th Avenue in between West Colter Street and West Camelback Road, the property sits less than five miles from the Biltmore area and approximately six miles north of Downtown Phoenix. Residents enjoy a premium, central location with direct access to all areas of Phoenix by way of the Interstate-17, Interstate-10, and State Route 51. Immediate neighborhood conveniences and services include Target, Walmart Supercenter, Fry’s Marketplace, AJ’s Fine Foods, Natural Grocers, Sprouts Farmers Market, Chase Bank, Walgreens Pharmacy, and Wells Fargo Bank. An abundance of dining and entertainment options are just a five-minute drive away at Uptown Plaza at the intersection of Camelback Road and Central Avenue where residents have ready access to desirable destinations such as: Postino’s, The Windsor, Federal Pizza, Joyride Taco House, Shake Shack, Lou Malnati’s Pizzeria, and Flower Child, among many more. The nearby 7th Street Restaurant Corridor also offers iconic dining options such as: Culinary Dropout, REVOLU Modern Bar + Taqueria, and Spinato’s Pizzeria.

The 22 units are arranged in 5 two-story buildings (2 buildings with 5 townhomes and 3 buildings with 4 townhomes) with wood frame construction, stucco exterior finishes, and pitched asphalt shingle roofs situated on approximately 1.17 acres of land. Community amenities include playground, BBQ grill, & landscaped areas. The property consists exclusively of 22 three-bedroom / two-and-a-half-bathroom townhome units at 1,300 square feet each, not including the approximately 200 square foot one-car direct-access garage. Each unit is individually metered for electricity and includes washer / dryer appliances. Interior amenities include air conditioning / heating, breakfast bar, in-unit storage, walk-in closets, ceiling fans, vinyl plank flooring, and kitchens fully-equipped with a refrigerator, oven / stove, microwave, and garbage disposal. All units are provided with attached direct access one-car garage and feature a private yard.

Significant employers in close proximity to the property include the numerous companies located in Midtown, Downtown, and the Camelback Corridor, as well as Banner Health, St. Joseph’s Hospital, U-Haul International, Wells Fargo, and Phoenix Children’s Hospital.

ABI Multifamily ( 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.