New Offering

Aire Libre Apartments

Offering Price

$12,000,000

Price/Unit:
$150,000
Price/SF:
$205.74
Units:
80
Year Built:
1985

Property Location

16437 North 31st Street
Phoenix, AZ 85032



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By submitting your information, you hereby acknowledge and agree that ABI Multifamily, LLC (“ABI”) has been retained as the exclusive broker for the Seller regarding the sale of the referenced property, and that Seller has requested that all inquiries and communications with respect to the sale of the referenced property be directed solely to ABI. You hereby acknowledge and agree that all information, documents and other materials disclosed to or received by you in or through this website shall be deemed proprietary and confidential and you hereby covenant and agree not to disclose any such information, documents and/or other materials to any other non-registrant or third party. You further hereby covenant and agree not to initiate any contact or discussions with any municipality, city, state, county or other governing agency regarding the potential purchase, use and/or development of any property featured on this website until and unless you have first entered into a written, signed contract for the purchase of such property, or obtained the owner’s prior written consent thereto. You further hereby acknowledge and agree that, by registering as a principal or broker, you represent and warrant to ABI that you are acting in that capacity. Further, by registering as a principal, you hereby acknowledge and agree that ABI will not pay a buyer’s broker fee to any outside buyer’s broker, registered group, company, and/or individual.

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By submitting your information, you hereby acknowledge and agree that ABI Multifamily, LLC (“ABI”) has been retained as the exclusive broker for the Seller regarding the sale of the referenced property, and that Seller has requested that all inquiries and communications with respect to the sale of the referenced property be directed solely to ABI. You hereby acknowledge and agree that all information, documents and other materials disclosed to or received by you in or through this website shall be deemed proprietary and confidential and you hereby covenant and agree not to disclose any such information, documents and/or other materials to any other non-registrant or third party. You further hereby covenant and agree not to initiate any contact or discussions with any municipality, city, state, county or other governing agency regarding the potential purchase, use and/or development of any property featured on this website until and unless you have first entered into a written, signed contract for the purchase of such property, or obtained the owner’s prior written consent thereto. You further hereby acknowledge and agree that, by registering as a principal or broker, you represent and warrant to ABI that you are acting in that capacity. Further, by registering as a principal, you hereby acknowledge and agree that ABI will not pay a buyer’s broker fee to any outside buyer’s broker, registered group, company, and/or individual.

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Document Vault - Aire Libre Apartments

Marketing Materials
AL_-_Marketing_Brochure.pdf (2 MB) [new] Registration required to access this document.
AL_-_Offering_Memorandum.pdf (28 MB) [new] Registration required to access this document.
Financials
AL_-_Ownership_Financials_Notes.pdf (26 KB) [new] Registration required to access this document.
AL_-_ABI_Merged_April_2026_T12_Operating_Statment.xlsx (33 KB) [new] Registration required to access this document.
AL_-_Feb-April_2026_Operating_Statement.xlsx (22 KB) Registration required to access this document.
AL_-_Jan_2026_Operating_Statement.xlsx (17 KB) Registration required to access this document.
AL_-_2018-2025_Operating_Statement_Summary.xlsx (19 KB) Registration required to access this document.
AL_-_2025_Operating_Statement.xlsx (33 KB) Registration required to access this document.
AL_-_Rent_Roll_6-12-26.xlsx (23 KB) [new] Registration required to access this document.
AL_-_On_Site_Rental_Rates_Sheet_6-4-26.pdf (694 KB) Registration required to access this document.
Property Contracts (buyer to assume)
AL_-_Laundry_Facility_MTM.pdf (9 MB) Registration required to access this document.
AL_-_Cox.pdf (1 MB) Registration required to access this document.
Permits
AL_-_Pool_Permit.pdf (172 KB) Registration required to access this document.
Loan Assumption
AL_-_Existing_Fannie_Mae_Loan_Abstract.pdf (101 KB) Registration required to access this document.
AL_-_Amortization_Schedule.xlsx (41 KB) Registration required to access this document.
AL_-_June_2026_Arbor_Fannie_Monthly_Billing_Statement.pdf (170 KB) Registration required to access this document.
AL_-_Loan_Escrow_Reserves_Details.pdf (100 KB) Registration required to access this document.
AL_-_Loan_Overview.pdf (119 KB) Registration required to access this document.
Insurance
AL_-_Insurance_Loss_Runs.pdf (291 KB) Registration required to access this document.
Property Taxes
AL_-_Tax_Valuation_214-31-018E.pdf (171 KB) Registration required to access this document.
AL_-_Tax_Valuation_214-31-015C.pdf (189 KB) Registration required to access this document.
AL_-_2025_Tax_Bill_214-31-018E.pdf (75 KB) Registration required to access this document.
AL_-_2025_Tax_Bill_214-31-015C.pdf (75 KB) Registration required to access this document.
Past 3rd Party Reports
AL_-_ALTA_Survey_2017.pdf (772 KB) Registration required to access this document.
AL_-_ALTA_Survey_2015.pdf (1 MB) Registration required to access this document.
AL_-_C_of_O.pdf (3 MB) Registration required to access this document.
AL_-_City_of_PHX_Zoning_Verification_Letter_2013.pdf (1 MB) Registration required to access this document.
AL_-_Phase_I_2020.pdf (16 MB) Registration required to access this document.
AL_-_Zoning_Report_2020.pdf (4 MB) Registration required to access this document.
Title
AL_-_Title_Report.pdf (446 KB) [new] Registration required to access this document.
Offer Template
AL_-_Offer_Template.docx (41 KB) Registration required to access this document.

Primary Contact

Alon Shnitzer
Senior Managing Partner
602.714.1283
alon.shnitzer
@abimultifamily.com
Lic. # AZ: BR534786000

Additional Contacts

Rue Bax
Associate Broker
602.714.1406
rue.bax
@abimultifamily.com
Lic. # AZ: BR531213000

Eddie Chang
Senior Partner
602.714.1398
eddie.chang
@abimultifamily.com
Lic. # AZ: SA545071000

Doug Lazovick
Senior Partner
602.714.1388
doug.lazovick
@abimultifamily.com
Lic. # AZ: BR552832000

Tyler Bruggman
Vice President
602.714.1834
tyler.bruggman
@abimultifamily.com
Lic. # AZ: SA660047000