The Village at Camelot Apartments | 1022 East Narramore Avenue, Buckeye, AZ 85326 | 80 Units | $15,377,000 | $192,213 Per Unit | $244.86 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (September 10, 2025) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $15,377,000 / $192,213 Per Unit / $244.86 Per SF sale of The Village at Camelot Apartments, an 80-unit multifamily apartment community located in Buckeye, Arizona. ABI Multifamily's Phoenix-based Institutional Arizona Team - Alon Shnitzer, Rue Bax, Eddie Chang, Doug Lazovick, and Tyler Bruggman facilitated the transaction.
The Buyer is based in California and the Seller is based in Arizona.
The Village at Camelot Apartments is an 80-unit, garden-style apartment community in Buckeye, Arizona. Built in 1986, the property consists of four rental buildings resting on a 3.46-acre site. The unit mix consists of 40 one-bedroom / one-bathroom units and 40 two-bedroom / two-bathroom units with a weighted average of 785 square feet. The property is individually metered for electricity and all units include washer / dryer hookups in addition to extra storage closets. Interior amenities include air conditioning / heating, walk-in closets, ceiling fans (in all bedrooms and majority of living rooms), high speed internet access in addition to fully equipped kitchens with refrigerator, oven / stove, dishwasher, garbage disposal, and pantry. Community amenities include a dedicated rental office, swimming pool, laundry facility, barbecue grills and picnic area, large courtyard, and open / covered parking.
The property is situated on the northwest corner of East Narramore Avenue and East Maricopa County Highway-85 in close proximity to a multitude of major transportation corridors such as the Papago Freeway (Interstate-10), South Oglesby Road (State Route 85), Bob Stump Memorial Parkway (Loop-303), Union Pacific Railroad, and the Buckeye Municipal Airport. Positioned between the city of Phoenix, California, and Mexico, Buckeye is strategically placed to service logistics and the transportation of goods for all three markets. The city of Buckeye has implemented and benefited from a variety of pro-growth policies such as the implementation of a Foreign Trade Zone in addition to Opportunity Zone development policies priming the area for significant future growth.
A variety of manufacturing firms have begun development of facilities in the City of Buckeye such as KORE Power with a battery cell manufacturing facility and Rehrig Pacific a manufacturer of supply chain solutions relocating their operations facility into a new 260,000 square foot facility. Additional significant employers include a multitude of logistics and distribution hubs for major big box firms such as Walmart, Five Below, Ross, Funko LLC, and Cardinal Glass Industries in addition to the Buckeye Municipal 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.