PHOENIX (December 2, 2022) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2,195,000 / $548,750 Per Unit / $342.97 Per SF sale of Clarendon IV Townhomes, a 4-unit multifamily townhome community located in Phoenix, Arizona. ABI Multifamily's Royce Munroe represented the seller in this transaction.The buyer and seller are based in Arizona. Clarendon IV Townhomes is a 4-unit luxury townhome community in the North Central submarket of Phoenix, AZ. Situated on Clarendon Avenue west of 7th Street and south of Indian School Road, the property sits less than three miles from the Biltmore area and four miles north of Downtown Phoenix. Residents enjoy a premium, central location with direct access to all areas of Phoenix by way of the Interstate 10, Interstate 17, and State Route 51 freeways. Immediate neighborhood conveniences and services include AJ’s Fine Foods, Whole Foods Market, Fry’s Food and Drug, Target, Walgreens Pharmacy, Chase Bank, and Wells Fargo Bank. An abundance of dining and entertainment options are just a 10-minute drive away at Uptown Plaza at the intersection of Camelback Road and Central Avenue, where residents have ready access to desirable destinations such as Postino’s, The Windsor, Federal Pizza, Joyride Taco House, Shake Shack, Lou Malnati’s Pizzeria, and Flower Child among many more. The nearby 7th Street Restaurant Corridor also offers iconic dining options such as Culinary Dropout, Bevvy Uptown, MORA Italian, Spinato’s Pizzeria, Taco Guild, and Gadzooks Enchilada and Soup. Clarendon IV Townhomes features both modern architecture with custom entry doors and interior amenities. The property is constructed of both concrete masonry and wood frame with a stucco exterior finish and flat roofing situated on approximately 0.26 acres of land. Clarendon IV Townhomes features a unit mix of 3-bedroom / 2.5-bathroom townhome-style units and 2-bedroom / 2.5-bathroom + office nook townhome-style units at 1,600 square feet each plus an additional 456 SF two-car, direct-access garage with an electric car charging outlet in each garage. Each unit is individually metered for electricity and provides hook-ups for full-size washer and dryer appliances. Interior amenities include quartz countertops, white shaker cabinets and Delta matte black faucets in kitchens and bathrooms, wood plank vinyl flooring, tile showers, drop-in tubs, ceiling fans, and kitchens fully equipped with stainless-steel appliance packages which include an oven / range, garbage disposal, and refrigerator. Clarendon IV Townhomes residents enjoy the privacy of backyards and views of Phoenix’s midtown skyline from spacious balconies. Significant employers near the property include the numerous companies located in Midtown, Downtown, and the Camelback Corridor, as well as Banner Health, St. Joseph’s Hospital, U-Haul International, Wells Fargo, JP Morgan Chase, and Phoenix Children’s Hospital.