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2174 E Apache Boulevard #3, Tempe, AZ 85281

$3,500,000

  • For Sale
  • Active
  • Multi-Family
2174 E Apache Boulevard #3, Tempe, AZ 85281View this property at 2174 E Apache Boulevard #3, Tempe, AZ 85281
2174 E Apache Boulevard #3TempeAZ85281
Property Description
This is a portfolio sale of 3 parcels and 3 running hotel businesses. This includes 46 units 2 house and 2 offices. 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 for 2174 E Apache Boulevard #3

General

  • Price: $3,500,000
  • Taxes: $31,886
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 5778614
  • Updated: 8/2/2018
  • Added: 67 day(s) ago

Business

  • Includes: Land & Building, Other (See Remarks), Laundry Equipment, Pool Equipment

Interior

  • Interior Features: Furnished, Other (See Remarks), Partially Furnished
  • Appliances: Other (See Remarks)
  • Flooring: Other (See Remarks)

Additional Information

  • Shared Amenities: Pool(s), Barbecue Area(s), Other (See Remarks), Manager Res/Office

Exterior

  • Exterior Features: Landscape Watering System, Cable TV Available

Parking

  • Parking Features: Paved Parking, >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: LOLA VISTA

School Information

  • 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)

Utilities

  • Gas: Other (See Remarks)
  • Sewer: Public Sewer
  • Water: Master Meter, City Franchise

Structural Information

  • Construction: Block, Other (See Remarks)
  • Exterior Const.: Painted
  • Roof: Composition Shingles, Other (See Remarks)
  • Year Built: 1950

Unit Information

  • 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 Features

  • Lot Dimensions: 2.11 acres
  • Zoning: C-G

Financial Considerations

  • Tax Amount: $31,886
  • Terms: Conventional, Seller May Carry, Other (See Remarks), 1031 Exchange
  • Owner Pays: Water, Pool/Spa Maintenance, Landscaping, Cable TV, Trash, Gas, Electric, Sewer
  • Tenant Pays: None

Disclosures and Reports

  • Range: 4E
  • Section: 24
  • Lot Number: 3

Listed by Russ Lyon Sotheby's International Realty

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Schools

Schools serving 2174 E Apache Boulevard #3

Score
Name
Grades
Distance
2
2130 E Howe Ave, Tempe, AZ 85281
K-6
0.2 mi
5
2002 E Concorda Drive, Tempe, AZ 85282
6-8
0.8 mi
6
1830 E Del Rio Dr, Tempe, AZ 85282
9-12
1.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 2174 E Apache Boulevard #3 Get Price Alerts

Date
Details
Price
Change
Source
6/10/2018
Listed
$3,500,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 2174 E Apache Boulevard #3

Listed by Russ Lyon Sotheby's International Realty

2174 E Apache Boulevard #3, Tempe, AZ 85281 (MLS# 5778614) is a Multi-Family property with 48 units containing 0 bedrooms and 0 full bathrooms. 2174 E Apache Boulevard #3 is currently listed for $3,500,000 and was received on June 10, 2018. Want to learn more about 2174 E Apache Boulevard #3? Do you have questions about finding other Multi-Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.