Phoenix, AZ. (January 24, 2024) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $1,700,000 / $212,500 Per Unit / $287.16 Per SF sale of 7232 - 7234 East Belleview Street, an 8-unit multifamily apartment community located in Scottsdale, Arizona. ABI Multifamily's Mitchell Drake, Carson Griesemer, and Dallin Hammond represented the buyer and seller in this transaction.
The buyer is based in California, and the seller is based in Arizona.
Built in 1962, 7232 - 7234 East Belleview Street is an 8-unit, garden-style community with block construction and pitched roofs. The property consists of two individually parceled fourplexes situated on 0.32 acres of land in the South Scottsdale submarket. The unit mix features (6) one-bedroom / one-bathroom units and (2) two-bedroom / one-bathroom units.
7232 - 7234 East Belleview Street is located just east of North Scottsdale Road and approximately two miles south of Old Town Scottsdale. The property is also just a short drive from Scottsdale Stadium, Fashion Square Mall, Scottsdale Waterfront, Arizona State University Tempe Campus, The Phoenix Zoo, Papago Golf Course, and Phoenix Sky Harbor International Airport through the major thoroughfares of the SR-202, 143 Expressway, I-10, SR-51, and SR-101 freeways.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm focusing exclusively on apartment investment transactions. With offices in Phoenix, Las Vegas, San Diego, and Tucson, 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 complete any multifamily transaction, regardless of size and complexity.