Seller Financing
Address
2174 E Apache Boulevard, Unit 3 Tempe, AZ
Price
$ 3,950,000
Property Attributes
- MLS#5930729
- TypeMulti-Family
- CountyMARICOPA
- CityTempe
- NeighborhoodLola Vista
- Zip85281
- Style
- Year Built1950
- Taxes31886
- Price$ 3,950,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2000
Listing Provided Courtesy Of:
Grace CRE
Property Description
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
| Price History | |
|---|---|
| 5/24/2019 | Listed $3,950,000 |
General Features
| 1 Bedroom Units: Avg Rent | 0.00 |
| 2 Bedroom Units: Avg Rent | 0.00 |
| 3 Bedrooms Units: Avg Rent | 0.00 |
| 4 Bedrooms Units: Avg Rent | 0.00 |
| Construction | Block, Other (See Remarks) |
| Features | Pool(s), Manager Res/Office, Other (See Remarks), Barbecue Area(s) |
| Map Code/Grid | R37 |
| Net Income | 180000.00 |
| New Financing | Conventional, 1031 Exchange, Other (See Remarks), Seller May Carry |
| Owner Pays | Water, Sewer, Electric, Gas, Trash, Cable TV, Landscaping, Pool/Spa Maintenance |
| Parking | Paved Parking, >1 Space Per Unit |
| Property Type | F |
| School District | 000 - Out of Area |
| Status | Active |
| Subdivision | LOLA VISTA |
| Tenant Pays | None |
| Unit Number | 3 |
| Year Built | 1950 |
| Zoning | C-G |
Interior Features
| 2 Bedroom Units: # 2 Bedroom Units | 2 |
| 2 Bedroom Units: # Baths | 1 |
| 2 Bedroom Units: Avg Sqft | 1000 |
| Appliances Included | Other (See Remarks) |
| Cooling | Window/Wall Unit |
| Electric | Master Meter |
| Floors | Other (See Remarks) |
| Gas | Other (See Remarks) |
| Heating | Gas, Window/Wall Unit(s) |
| Interior Features | Furnished, Partially Furnished, Other (See Remarks) |
| Total Number of Units | 50.00 |
Exterior Features
| Sale Includes | Land & Building, Pool Equipment, Laundry Equipment, Other (See Remarks) |
| Const - Finish | Painted |
| Covered Parking Spcs | 0.00 |
| Exterior Features | Landscape Wtr System, Cable TV Available |
| Lot Size Dimensions | 2.11 acres |
| Roof | Comp Shingle, Other (See Remarks) |
| Sewer | Sewer - Public |
| Total Parking Spcs | 50.00 |
| Water | Master Meter, City Franchise |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 85281
Price
Taxes
Visits
Year Built
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