$9,000,000
Tempe, AZ 85281
MLS# 6444558
Status: Closed
58 beds | 40 baths
1 / 8
Details
Contract Info
Current Price: $9,000,000
Sold Price: $9,000,000
Status: Closed
List Date: 2022-08-03
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: R37
House Number: 1011
Compass: E
Street Name: ORANGE
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4048
Country: US
County Code: Maricopa
Subdivision: TERRACE PARK 1
Assessor Number: 132-73-158-B
Tax Year: 2021
General Property Description
Lot Size Dimensions: unknown
Year Built: 1963
Uncvrd Parking Spcs: 2
Total # of Units: 40
# of Buildings: 4
Zoning: R-4
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Legal Info
Township: 1N
Range: 4E
Section: 23
Lot Number: unknown
1 Bedroom Units
# 1 Bedroom Units: 22
Avg Rent: 1425
Avg SqFt: 453
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 18
Avg Rent: 1625
Avg SqFt: 781
# Baths: 1
Structure
Bedrooms Total: 58
Bathrooms Total: 40
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.417459
Geo Lon: -111.922637
Status Change Info
Off Market Date: 2022-08-10
Under Contract Date: 2022-08-09
Close of Escrow Date: 2022-10-14
Sold Price: $9,000,000
Income Expenses
Gross Annual Sch Inc: 714000
Net Operating Income: 545236
Property Features
Project Type: 25 - 50 Units
Construction: Block
Const - Finish: Painted
Roofing: Other
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: None
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Other
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping; Other
Tenant Pays: Electricity; Other (See Remarks)
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: ABI Multifamily
Office Phone: 602-714-1400
Last Updated: August - 23 - 2023
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