The Taylor | 1457 East Taylor Street, Phoenix, AZ 85006 | 12 Units | $3,320,000 | $276,667 Per Unit | $449.50 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (June 29, 2023) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,320,000 / $276,667 Per Unit / $449.50 Per SF sale of The Taylor, a 12-unit multifamily apartment community located in Phoenix, Arizona. ABI Multifamily's John Klocek and Patrick Burch represented the seller in this transaction.
TThe buyer is based in Arizona and the seller is based in Colorado.
The Taylor is a brand new, completed apartment project in the central submarket of Phoenix, situated just east of the heart of Downtown Phoenix. It is located just over a mile from the stadium district, Roosevelt Row, and the ASU downtown campus, less than a mile from the nearest light rail station at 12th Street and Washington, and approximately a half mile to the I-10 Freeway giving residents easy access to all areas of metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what all parts of Phoenix have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property proves to be a phenomenal new development in a great, central location.
The Taylor consists of 12 well-planned units in a cool, mid-century building in the heart of Phoenix. The project features a good unit mix of (3) studios, (5) one-bedroom / one-bathroom units, and (4) two-bedroom / two-bathroom units. The first-floor units have private yards and the second- and third-floor units have balconies. There is also a community rooftop deck and nice outdoor amenity spaces with incredible views of the mountains to the northeast and Downtown Phoenix to the west.
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.