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
Full Property Details
Full Property Details for 2174 E Apache Blvd #3
MLS ID: 5930729
Added: 26 day(s) ago
Includes: Land & Building, Pool Equipment, Laundry Equipment, Other (See Remarks)
Interior Features: Furnished, Partially Furnished, Other (See Remarks)
Appliances: Other (See Remarks)
Flooring: Other (See Remarks)
Shared Amenities: Pool(s), Manager Res/Office, Other (See Remarks), Barbecue Area(s)
Exterior Features: Landscape Watering System, Cable TV Available
Parking Features: Paved Parking, >1 Space Per Unit
Subdivision: LOLA VISTA
Cross Streets: Price & Apache
Driving Directions: West to property on North side
Elem School District: 000 - Out of Area
High School District: 000 - Out of Area
Heating & Cooling
Cooling Type: Wall/Window Air Conditioning
Heating Type: Gas, Window/Wall Unit(s)
Gas: Other (See Remarks)
Sewer: Public Sewer
Water: Master Meter, City Franchise
Construction: Block, Other (See Remarks)
Exterior Const.: Painted
Roof: Composition Shingles, Other (See Remarks)
Year Built: 1950
Studio/Effic Units: 46
Studio/Effic Baths: 1
Studio/Effic Sq. Ft.: 375
2 Bedroom Units: 2
2 Bedroom Baths: 1
2 Bedroom Sq. Ft.: 1,000
Lot Dimensions: 2.11 acres
Tax Amount: $31,886
Terms: Conventional, 1031 Exchange, Other (See Remarks), Seller May Carry
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
2174 E Apache Boulevard #3, Tempe, AZ 85281 (MLS# 5930729) is a
Multi-Family property with 50 units containing 0 bedrooms and 0 full bathrooms.
2174 E Apache Boulevard #3 is currently listed for $3,950,000 and was received on May 24, 2019.
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