Elevation at the Trails (Land) | 10410 West Indian School Road, Phoenix, AZ 85037 | $3,350,000 | $9.37 Per Land SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ. (September 28, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,350,000 / $9.37 Per Land SF sale of Elevation at the Trails, a land deal located in Phoenix, Arizona.
The site consists of 8.21 acres of land and is located on the North side of West Indian School Road in between North 107th Avenue and North 99th Avenue, just West of the Agua Fria Freeway (US-101). Preliminary plans note a total of 124 build-to-rent townhome-style units within a gated community.
Elevation at the Trails is located in the dynamic west valley area in close proximity to a multitude of employment hubs and amenities including the fast-developing city of Goodyear, hosting numerous employment drivers such as: Chewy, Amazon, Dicks Sporting Goods, Snyder’s of Hanover, several data centers, in addition to the Phoenix Goodyear Airport. Additionally, the property is located less than a 10-minute drive from the Westgate Sports and Entertainment Districts, which encompasses the Gila River Arena and the State Farm Stadium and includes a choice of retail and dining options such as: H&M, Polo Ralph Lauren, Lululemon, Fossil, Cabela’s, Yard House, Dave & Buster’s, Dutch Bros, and Crumbl Cookies. The site is also near major transportation throughfares such as the Agua Fria Freeway (US-101)., Papago Freeway (I-10), and the newly constructed extension of the South Mountain Freeway (Loop 202).
The Buyer was represented by ABI Multifamily's Patrick Burch, and John Klocek.
The buyer and seller are based in Arizona.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Tucson, Sacramento, and San Diego, 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 successfully complete any multifamily transaction, regardless of size and complexity. ABI Multifamily is a proud supporter of the Arizona Housing Fund, making a donation for every sale to help end homelessness in our state by funding more permanent, supportive housing.