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6623 South 11th Street
SOLD

ABI Multifamily Brokers Facilitate $2.6M Sale Of 20-unit Phoenix Multifamily Property

6623 South 11th Street

MultiFamily
clock iconSold 46 days ago
Mitchell Drake
Carson Griesemer
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Summary

Sale
ARIZONA
MultiFamily

6623, 6627, 6631, 6624 & 6632 South 11th Street in Phoenix, AZ, was the site of a recent closed transaction involving the sale of 1011 Apartments, a multifamily community. The property was sold for $2.6 million, comprising a total of 20 units. This equated to a per unit price of $130,000. The deal was facilitated by Carson Griesemer & Mitchell Drake from ABI Multifamily. The buyer and seller, both undisclosed, are based in Arizona.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,600,000
  • Units: 20
  • Price Per Unit: $130,000
  • Brokers: Carson Griesemer & Mitchell Drake - ABI Multifamily

The involvement of ABI Multifamily's brokers, Carson Griesemer & Mitchell Drake, was crucial in finalizing the deal for the purchase of 1011 Apartments. The transaction, valued at $2.6 million, highlighted the expertise and negotiation skills of the real estate professionals in managing the sale of the multifamily property in Phoenix, AZ.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Mitchell Drake's profile picture
Mitchell Drake
ABI Multifamily-image
Vice President
$27.1M Sold
Carson Griesemer's profile picture

Details

Deal Summary
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SOLD
IMAGE: 05/28/2024 ADDRESS: 6623, 6627, 6631, 6624 & 6632 South 11th Street MARKET: Phoenix, AZ ASSET TYPE: Multifamily BROKERS: Carson Griesemer & Mitchell Drake - ABI Multifamily SALE PRICE: $2,600,000 UNITS: 20 ~ PPU: $130,000 NOTE: ABI Multifamily facilitated the $2.6 million sale of 1011 Apartments, a multifamily community in Phoenix, with both buyer and seller undisclosed but based in Arizona.

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Address6623 South 11th Street

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