Villa Fifty2 Townhomes | 600 North 53rd Street, Phoenix, AZ 85008 | 49 Rental Townhomes | Completed in 2023 | $18,250,000 | $372,449 Per Unit | $218.72 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (August 20, 2025) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $18,250,000 / $372,449 Per Unit / $218.72 Per SF sale of Villa Fifty2 Townhomes, a 49-unit multifamily apartment community 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.
The Buyer is based in California.
Completed in 2023, Villa Fifty2 Townhomes features a total of 49 units arranged in 26 two-story buildings with wood frame construction, stucco exterior finishes, and flat roofs situated on approximately 2.81 acres of land. The property features a premium mix of 44 three-bedroom / two-and-a-half-bathroom and 5 four-bedroom / three-and-a-half-bathroom townhome-style units with a weight average of 1,703 square feet. Interior amenities include air conditioning / heating, quartz countertops, shaker cabinets, balcony, and kitchens fully equipped with stainless-steel appliances, oven / range, refrigerator, microwave, and dishwasher. All units include a private backyard and options for one- or two-car garages. Community amenities include a splash pad area, picnic area and barbecue grills, as well as gated entry.
Situated between 52nd Street and 53rd Street, just south of East McDowell Road and north of East Van Buren Street, the property is less than three miles from Downtown Tempe, less than four miles from Sky Harbor International Airport, and approximately seven miles from Downtown Phoenix. 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). Within a short drive are neighborhood conveniences and services which include Fry’s Food and Drug, Target, Costco Wholesale, CVS, Walgreens, and Walmart Supercenter.
The property is nestled conveniently within a short drive from multiple dining, entertainment, and shopping hubs which include the Fashion Square Mall district at Old Town Scottsdale, the Mill Avenue entertainment district in Downtown Tempe, and the most popular event venues and dining options in Downtown Phoenix. Residents will have access to some of the Valley’s most popular local destinations within a 15-minute drive. Furthermore, Villa Fifty2 Townhomes rests at the base of Papago Peak and the Papago Park region of the Valley. A multitude of hiking and outdoor recreational activities are within walking distance, which also include the Phoenix Zoo, Desert Botanical Gardens, and numerous golf courses such as the Papago Golf Course, home of the Arizona State University Sun Devil Men’s & Women’s Golf Team.
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.