ABI brokers $12M apartment sale near Westgate

ABI Multifamily, the Western US’s leading multifamily brokerage and advisory services firm, announced the $12,000,000 / $69,767 Per Unit sale of the Bethany Park Apartments located in Glendale, Arizona. Built in 1984, Bethany Park is a two story, garden-style apartment community that features 172 units in 10 rental buildings constructed of wood frame and stucco. The property has flat roofs and rests on approximately 6.26-acre. The unit mix consists of 124 one-bedroom / one-bathroom units and 48 two-bedroom / two-bathroom units, with a weighted average size of 776 square feet. Bethany Park is individually metered for electricity with individual hot water heaters. Units feature air conditioning, private patio / balcony, extra storage, and kitchens equipped with a dishwasher and garbage disposal. Select units offer walk-in closets, washer / dryer hook-ups, and fireplaces. This gated community also provides its residents with two swimming pools, a spa, covered parking, and two laundry facilities.

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