2301-2309 S College Ave - Apartments FOR SALE


Tempe, AZ 85282- Alameda
$4,690,000 USD
602-710-9536
2301-2309 S College Ave, Tempe, AZ for Sale
$4,690,000 USD
Apartments - FOR SALE
1/20
null | 5.11% Cap Rate

2301-2309 S College Ave
Tempe, AZ 85282
Alameda


HIGHLIGHTS

  • Fully occupied
  • Prime location
  • Turn key investment

OVERVIEW

Located in the heart of Tempe, this 18-unit apartment complex presents a turnkey investment opportunity in a high-demand market. Situated just minutes from Arizona State University, downtown Tempe, major freeways, and public transit, this property's prime location attracts a steady stream of tenants for consistent rental income in a thriving metropolitan area.

FOR SALE DETAILS

PRICE

$4,690,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

18

PRICE/UNIT

$260,556

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tempe Cottages

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

R3R, Tempe

APN/PARCEL ID

133-26-018,133-26-019

ASK ABOUT THIS PROPERTY

Simon BowenDenali Real Estate, LLCMore Info
602-710-9536

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Simon BowenDenali Real Estate, LLCMore Info
602-710-9536

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.