Press Release | ABI Multifamily Brokers East Phoenix Rental Townhome Community for $4,000,000

Phoenix AZ, Multifamily, Apartments, Investment Sales, Alon Shnitzer, Eddie Chang, Doug Lazovick, Villa Fifty1 West Townhomes


Villa Fifty1 West Townhomes | 1850 North 51st Street, Phoenix, AZ 85008 | 10 Rental Townhomes | Completed in 2023 | $4,000,000 | $400,000 Per Unit | $240.38 Per SF


PRESS RELEASE
FOR IMMEDIATE RELEASE

Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com


ABI Multifamily Brokers East Phoenix Rental Townhome Community for $4,000,000


Phoenix, AZ. (July 29, 2025) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $4,000,000 / $400,000 Per Unit / $240.38 Per SF sale of Villa Fifty1 West Townhomes, a 10-unit complete built-for-rent townhome project located in Phoenix, Arizona. ABI Multifamily's Phoenix-based Institutional Arizona Team - Alon Shnitzer, Rue Bax, Eddie Chang, Doug Lazovick, and Tyler Bruggman facilitated the transaction.


Villa Fifty1 West Townhomes is a 10-unit luxury townhome community, completed in 2023 and in the East Submarket of Phoenix, AZ. Situated between 50th Street and 51st Street just north of East McDowell Road and south of Oak Street, the property sits less than four miles from Downtown Tempe, approximately five miles from Phoenix Sky Harbor International Airport, and about seven miles from Downtown Phoenix.


The property features exclusively three-bedroom / two-and-a-half-bathroom two-story townhome-style units, with a weighted average of 1,664 square feet available in two floor plans. Interior amenities include air conditioning and heating, quartz countertops, shaker cabinets, private balcony, and fully equipped kitchens with stainless-steel appliances, including oven/range, refrigerator, microwave, and dishwasher. All units are provided with a private backyard and one- or two-car garages.


Residents enjoy a premium, central location with multiple access points to all areas of Phoenix by way of the Red Mountain Freeway (Loop 202), Piestewa Freeway (State Route 51), Pima Freeway (State Route 101), Hohokam Expressway (State Route 143), and the Papago Freeway (Interstate 10). Immediate neighborhood conveniences and services include Fry’s Food and Drug, Target, Costco Wholesale, CVS, Walgreens, and Walmart Supercenter.


The property is surrounded by several prominent dining, entertainment, and shopping destinations, including the Fashion Square Mall district in Old Town Scottsdale, the Mill Avenue entertainment district in Downtown Tempe, and a variety of venues and restaurants in Downtown Phoenix. Residents will have access to some of the valley’s most popular local destinations within a 15-minute drive. Villa Fifty1 West Townhomes is located near Papago Peak and the Papago Park region of the Valley where a multitude of hiking and outdoor recreational activities are within walking distance which includes the Phoenix Zoo, Desert Botanical Gardens, and a plethora of golf courses.


Significant employers near the property include the numerous companies located in Midtown and Downtown Phoenix as well as Arizona State University, The Phoenician Resort, Shamrock Foods Company, and Sky Harbor International Airport.


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.