A prime property with excellent cash flow and occupancy. This well maintained 38 unit complex is a rare find in Tempe. Offered with a cap rate at 6.88% and the potential of owner financing for up to five years at 5% interest with a 25% down payment.
Price
$3,700,000
Maricopa
4871786
Active
Description
A prime property with excellent cash flow and occupancy. This well maintained 38 unit complex is a rare find in Tempe. Offered with a cap rate at 6.88% and the potential of owner financing for up to five years at 5% interest with a 25% down payment.
Listing Information
Property Type: Multi-Family
1984
City Franchise
Sewer - Public
38 Total
Neighborhood
School Information
District: 048 - Scottsdale Unified District
Room Information
Interior Features
Electric Heating,Other
Unfurnished, Fire/Smoke Alarm(s), Vertical Blinds
Exterior / Lot Features
Paved Parking, Assigned, Greater Than 1 Space Per Unit
Landscape Wtr System, Security Light(s), Separate Storage, Patio/Balcony, Cable TV Available, Satellite Dish, Green Landscaping
Community Features
Community Pool
Listing Price History
Tempe Real Estate
Tempe is located in Arizona.
Tempe, Arizona 85281 has a population of
161,719.
The median household income in Tempe, Arizona 85281 is
$48,145.
The median household income for the surrounding county is $52,224
compared to the national median of $50,935.
The median age of people living in Tempe 85281 is
28.3 years.
This information is gathered from public record data.
This information is gathered from public record data.
Sales History
Tax Info
Listing Provided Courtesy Of: RE/MAX Excalibur
ARMLS listing information is updated daily. Information deemed reliable but not guaranteed. Copyright 2011 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker.
Information is deemed reliable but is not guaranteed.
