ABI Multifamily Facilitates $6.9M Sale Of Quays At Encanto Multifamily Apartments In Phoenix, Arizona

ABI Multifamily has facilitated the $6.9 million sale of Quays at Encanto, a 26-unit multifamily apartment community in Phoenix, Arizona. The property, located at 1840 West Thomas Road, offers a total square footage of 28,040 and consists of 26 units. The sale price of $6,925,000 translates to an average price per unit of $266,346, and the price per square foot is $247.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $6,925,000
• Units: 26
• Price Per Unit: $266,346
• Square Footage: 28,040
• Price Per Square Foot: $247
• Market: Phoenix, AZ
• Brokers: Mitchell Drake, Carson Griesemer & Dallin Hammond - ABI Multifamily

Leading the transaction are brokers Mitchell Drake, Carson Griesemer, and Dallin Hammond from ABI Multifamily.