ABI Multifamily Brokers Facilitate $5M Apartment Portfolio Sale In Phoenix, AZ

The property involved in the transaction is a multifamily asset located at 4917 East Holly Street in Phoenix, AZ. The property sits on 1.49 acres of land and comprises a total of 30 units. The sale price for this asset was $5,000,000, translating to $166,667 per unit.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Units: 30
• Price Per Unit: $166,667
• Address: 4917 East Holly Street
• Market: Phoenix, AZ
• Brokers: John Klocek & Patrick Burch - ABI Multifamily

ABI Multifamily played a key role in facilitating the acquisition of the two-property apartment portfolio in Phoenix. John Klocek and Patrick Burch, representing ABI Multifamily, were instrumental in closing the deal, showcasing their expertise in the real estate market of Phoenix, AZ.