Las Casitas De Earll | 3818 East Earll Drive, Phoenix, AZ 85018 | 15 Units | $3,100,000 | $206,667 Per Unit | $162.78 Per SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ. (April 28, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,100,000 / $206,667 Per Unit / $162.78 Per SF sale of Las Casitas De Earll, a 15-unit multifamily apartment property located in Phoenix, Arizona.
Las Casitas De Earll is a garden-style apartment community situated within Camelback East Village, in the highly sought-after 85018 zip code. Built in 1982, the property is comprised of (15) large 2-bedroom / 2-bathroom units with in-suite washers and dryers. Property amenities include a community swimming pool and ample covered parking for residents.
Las Casitas De Earll is just minutes from Biltmore Fashion Park and is a bike's ride distance to boutique eateries such as La Grande Orange Restaurant and The Porch. The property is virtually equal distances to Camelback Mountain's hiking trails, the historic Biltmore Golf Club, and the heart of Downtown Phoenix. Based on its positioning in the competitive landscape and the area's ongoing redevelopment efforts, Las Casitas De Earll is an excellent opportunity to create an ideal living situation near the beautiful Arcadia Lite district.
Carson Griesemer, Vice President at ABI, states, "Las Casitas De Earll provided the buyer with a seldom seen opportunity: 100% control of a condo-mapped community consisting of all 2-bedroom / 2-bathroom units. Located just south of Arcadia Lite, the surrounding neighborhood is seeing development and gentrification take place at a breakneck pace and provides the buyer with incredible value."
ABI Multifamily's Carson Griesemer, Dallin Hammond, and Mitchell Drake represented the buyer and seller in this transaction.
The buyer and seller are based in California.
ABI Multifamily (https://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.