2174 E Apache Boulevard Unit: 3

Estimated Monthly Payment: $20,670/mo 2174 E Apache Boulevard Unit: 3, Tempe, AZ 85281 MLS# 5778614 Multi-Family Listing Status: Active
345
14
0
0

REMARKS:

This is a portfolio sale of 3 parcels and 3 running hotel businesses. This includes 47 units 3 house and 2 offices. All studios except for 2 rooms. This can be mostly apartments. You can also tear down units and build up to 65 units of high density apartments. Land total is 92,040 sq feet. Hotels are located in front of light rail for easy access to Tempe Market Place and ASU students. 101 is about a block away for easy access. Currently ran as self managed all 3 hotels bring in about $35,000.00 gross and ran 60-65% for expenses per month. Also can build 65 units high density for multi-family. Drive by only managers unware of sale

OVERVIEW:

Multi-Family
Active
LOLA VISTA
Painted
Comp Shingle, Other (See Remarks)
1950
Block, Other (See Remarks)
Paved Parking, >1 Space Per Unit
Gas, Window/Wall Unit(s)
Window/Wall Unit
2.11 acres
Master Meter, City Franchise
Sewer - Public

FEATURES:

Furnished, Partially Furnished, Other (See Remarks)
Landscape Wtr System, Cable TV Available
Other (See Remarks)

SCHOOLS:

000 - Out of Area

FINANCIAL:

$3,950,000
$31,886
None
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of CentrixUSA

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Sonoran Living shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2019 Arizona Regional Multiple Listing Service, All rights reserved.