Press Release | ABI Multifamily Brokers 12-Unit North Tempe Multifamily Apartment Community for $2,825,000

Tempe AZ, Multifamily, Apartments, Investment Sales, Mitchell Drake, Dallin Hammond, Carson Griesemer, The Hardy

The Hardy | 316, 320, 330 South Hardy Drive, Tempe, AZ 85281 | 12 Units | $2,825,000 | $235,417 Per Unit | $323.75 Per SF


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ABI Multifamily Brokers 12-Unit North Tempe Multifamily Apartment Community for $2,825,000

Phoenix, AZ. (June 28, 2024) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,825,000 / $235,417 Per Unit / $323.75 Per SF sale of The Hardy, a 12-unit multifamily apartment community located in Tempe, Arizona. ABI Multifamily's Mitchell Drake, Dallin Hammond, and Carson Griesemer represented the Buyer and Seller in this transaction.

The Buyer is based in California and the Seller is based in Arizona.

Built in 1982-1985, The Hardy is a 12-unit, garden-style property situated on three parcels of land totaling 0.82 acres. The unit mix features (4) one-bed / one-bath units and (8) two-bed / one-bath units with a weighted average of 727 SF. The property features ample parking and luxurious landscaping.

The Hardy is just minutes away from numerous employment drivers including Arizona State University, Carvana, State Farm Insurance, Insight Enterprises, SRP, Amazon corporate offices, Wells Fargo Bank, and Honeywell and has easy access to major transportation arteries such as the I-10 (Maricopa Freeway), Loop 202 (Red Mountain Freeway), SR-143 (Hohokam Expressway), US-60 (Superstition Freeway), in addition to Phoenix Sky Harbor International Airport. Residents of The Hardy also enjoy easy access to an abundance of retail amenities in Downtown Tempe’s Mill Avenue corridor and ample outdoor recreational locales.

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.