PHOENIX—ABI Multifamily facilitated the sale of Dolce Villagio Townhomes, located in Tempe. The complete townhome community consists of 37 individually parceled units that were built in 2007 and are currently operating as luxury apartment rentals.
The Phoenix-based ABI Multifamily brokerage team of John Kobierowski, Alon Shnitzer, Rue Bax, Doug Lazovick, Eddie Chang, Terry Kass and Mark Skelpsa facilitated the transaction.
The Arizona-based developer/seller of the project originally intended to sell-off the townhome units to individual buyers. However, upon delivery in 2007, the condo market was dissipating and the Seller made the decision to turn the community into luxury townhome rentals.
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