Rosilian Villas | 1020 North 4th Street, Avondale, AZ 85323 | $11,000,000 | $9.77 Per Land SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (October 6, 2026) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $11,000,000 / $9.77 Per Land SF sale of Rosilian Villas, a vacant land transaction located in Avondale, Arizona. The Buyer and Seller were represented by ABI Multifamily's John Klocek, and Patrick Burch.
The Buyer, Dominium Group, is based in Minnesota and the Seller is based in Indiana.
Rosilian Villas consists of a collection of parcels totaling ±25.86 net acres with plans for a 291-unit rental townhome community. The property is located in the Avondale submarket on the west side of Dysart Road, just south of West Van Buren Street. The site offers convenient access to the greater Phoenix metropolitan area via Interstate 10 as well as State Routes 101, 202, and 303.
The property is a short drive to a wide range of dining, entertainment, and lifestyle amenities, including the Westgate Entertainment District, approximately 20 minutes northeast of the site. Westgate is home to Desert Diamond Arena, Desert Diamond Casino, State Farm Stadium, and future developments such as the Vai Resort and Mattel Adventure Park.
The approved plans for the Rosilian Villas consist primarily of two-story duplex-style buildings along with three single-story homes. The community will feature 145 three-bedroom and 146 four-bedroom units reserved for households earning at or below 60% area median income (AMI). Planned community amenities include a clubhouse, fitness center, laundry room, swimming pool, barbecue grills, splash pad, and open courtyard. Construction is expected to be completed in 2029 and is financed through 4% Low-Income Housing Tax Credits (LIHTC) and tax-exempt bonds.
Major employers in proximity to the property include the Luke Air Force Base, Amazon, UPS, Walmart, Banner Health, Abrazo Health, Chewy, Macy’s, and the numerous employers within the West Valley’s logistics and industrial corridor.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses 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 successfully complete any multifamily transaction, regardless of size and complexity.