3,600 SF$450,000
Multi-Family
Eight one bedroom apartments on prime corner of 6th & Wilson. Just a couple of blocks West of Mill Avenue. Block construction. Each unit is metered for electric and gas. Average rent is $450.00 to $500.00 per unit. Update 03/01/13 100% Leased
11,050 SF$985,000
Multi-Family
Great opportunity for long term investment in Tempe. 100% occupied. All 2 bedroom / 1 bath floor plans. Property has beautiful pool. There is an on site laundry facility. Near by Arizona State University, light rail station, freeway, Tempe Marketplace, retail, shopping, restaurants. Property is also located on the free Tempe Orbit bus line.
10,183 SF$1,550,000
Multi-Family
Six large contemporary luxury town homes in the heart of Tempe. Currently rented units provide solid cash flow for long term hold however REAL VALUE IS UNDERLINED IN SINGLE SALE EXIT STRATEGY AS LEASES TURN.Look for comparable town homes for sale in Tempe...hard to find! This offering provides buyer with six of the seven units in the complex giving total control over community HOA. Elegant units have attached two car garages, open living areas, double master suites and several have private garden patios providing a unique and high demand product for the fast growing urban life of Tempe. Each of the 6 units is between 1,450 SF to 1750 SF with 2 bedrooms, and 2.5 bathrooms, stainless appliances and all have full in suite laundry rooms. Disclosure: listing agent is related to one or more principals of selling entity.
5,600 SF$520,000
Multi-Family
2 single level four plex buildings in CENTRAL TEMPE. Situated side by side each building has 2 one bedroom and 2 two bedroom units. All units are updated, have their own private patio, dedicated covered parking spot and separate storage unit. All units currently 100% occupied. Individually metered where landlord only pays water and city services. On site leased laundry facilities per building provide extra income and the low maintenance desert landscaping and solid concrete construction make these units easy to manage. Disclosure: listing agent related to one or more principals of selling entity.
8,668 SF$960,000
Multi-Family
Listed at $110 per foot, improved rental property with leases and occupied. Price lowered $140,000 on the group 4/25/13. This price is 40% under the peak of the market. Much room for appreciation while collecting rents. Gross rents are 9% of total price. This is a listing for 6 properties, 4 single family homes in Tempe, 1 townhouse in Tempe and 1 condo in Scottsdale. All occupied with competent management. Rent roll is $7,775 which GRM is based. CAP Rate is based on gross rent reduced by 38%. Actual CAP based on 2012 Actual (attached) is 5%. Market rent would be $8.275 total. These are improved, rented mostly to college student at ASU. I have a total of 50 properties that can be can be sold in various quantities total rent roll of $80,000. Property manager has 15 years of specialized Tempe /College rentals. Member of LLC has a property management company and can continue to manage if desired. This price assumes a cash sale and 2% co-broke. Owner is a real estate broker and member of LLC.
203,964 SF$20,350,000
Multi-Family
All offers are due by Thursday, March 21, 2013 at 12:00 PM (PDT). If you have not already done so, we would urge you to schedule a property tour. The property features large, desirable floor plans that average over 800 square feet including studio, one bedroom, two bedroom, and three bedroom floor plans. Residents enjoy numerous amenities including swimming pool, spa, elevators, a gated community, and laundry facilities. As members of The Lakes Association, residents have access to The Lakes Beach & Tennis Club including a heated lap pool, spa, tennis courts, basketball courts, sand volleyball courts, fishing, and boating.
52,289 SF$8,900,000
Multi-Family
Civic is pleased to announce the opportunity to acquire Dolce Villagio, a beautifully maintained, Class A townhome community located in the heart of Tempe Arizona. All 37 units are individually titled and represent a 100% of the project. With a very strong historical occupancy, Dolce Villagio offers the investor multiple exist strategies, including individual resale, by building or in bulk. The owner may consider selling the two four-plex (Westfall addresses) on the East end of the complex separately, however it will be subject to revised pricing and at the owners sole and absolute discretion.
127,368 SF$17,300,000
Multi-Family
188 Apartment Homes Gated community Two (2) swimming pools and a spa Barbecue area Laundry facility Individually metered (electricity & water) WiFi available Lush landscaping & grounds Complete modern electric kitchens including microwave, dishwasher, disposal, and frost-free refrigerator. Private balconies and patios Washer/dryers in select units Cash to existing loan: Assumable financing: 6.15%
32,400 SF$3,300,000
Multi-Family
Santa Fe Court is a 60 unit apartment complex located in Tempe, Arizona. Arizona State University, the nation's largest public university, is located approximately one mile south of Santa Fe Court, providing access to a deep resident pool of approximately 60,168 undergraduate and graduate students enrolled for the 2012 fall semester. Built in 1970 by Perry Mehan, this concrete block building has a quiet and secluded design that meets the rental demands of the submarket. Community amenities include a swimming pool, lush, mature landscape, a stand-alone rental office with maintenance storage and laundry facility as well as covered parking and ample open parking.
70,400 SFPrice Upon Req.
Multi-Family
Sonoma Park personifies boutique apartment living by combining the utmost in essential features with architectural charm and the serene feeling of a quaint rental community. Community amenities include two resort-style swimming pools and spas, which is very rare for a property of this size, as well as lush landscaping and multiple barbecue grills throughout. Additional common area features include covered parking and two laundry facilities.
1,290 SF$205,000
Multi-Family
This hard to find 4 bedroom and 3 bathroom, completely remodeled from top to bottom is ready for a new owner. Great Room concept with brand new dark wood cabinets, stainless appliances,and light granite counters in kitchen and all 3 bathrooms. Carpet and laminate wood flooring throughout this Papago beauty. Huge grass yard, front and back with watering systems installed. No expense has been spared in this house. New fans, light fixtures and paint inside and outside. Front porch and walkway set with Brick Pavers. This is truly a beautiful home.
20,150 SF$2,170,000
Multi-Family
Built in 1959, Rothko has been transformed into a contemporary rental community that emphasizes modernism, exposed materials and art history. Figurative statues have been used for place making and provocation. Tenants at Rothko enjoy like-minded neighbors creating a true sense of community for them and occupancy stability for the ownership.
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