The Hayden | 2635 North Hayden Road, Scottsdale, AZ 85257 | 25 Units | $8,300,000 | $332,000 Per Unit | $386.33 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (August 16, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $8,300,000 / $332,000 Per Unit / $386.33 Per SF sale of The Hayden in Scottsdale, Arizona.
The Hayden is a 25-unit apartment community located in the extremely popular South Scottsdale submarket. Built in 1977 and renovated in 2021, the property features masonry construction and sits on a 1.10-acre lot. The unit mix includes all 2-bedroom / 1.5-bath units, averaging 920 SF. Each unit includes an in-suite washer and dryer and are individually metered for electricity.
The property is located on Hayden Road and just a short drive from Old Town Scottsdale, Arizona State University, The Phoenix Zoo, Papago Golf Course, Fashion Square Mall, and Sky Harbor International Airport through the major thoroughfares of the AZ-202 and AZ-101 freeways. Within the submarket, there are multiple, large class A developments adding to the overall gentrification of the South Scottsdale area. With many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes, The Hayden is an extremely desirable location for residents.
ABI Multifamily's Royce Munroe represented the buyer.
The buyer is based in California and the seller is based in Illinois.
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.