• Price $3,950,000
  • Built1950
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2174 E Apache Boulevard (unit 3) , Tempe

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

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Essential Information

  • MLS® #5930729
  • Price$3,950,000
  • Taxes$31,886
  • Year Built1950
  • TypeMulti-Family
  • Sub-Type25 - 50 Units, Other (See Remarks)
  • StatusActive

Amenities

  • AmenitiesPool(s), Other (See Remarks), Manager Res/Office, Barbecue Area(s)
  • Garage Spaces50
  • ParkingPaved Parking, >1 Space Per Unit

Exterior

  • Exterior FeaturesLandscape Wtr System, Cable TV Available
  • RoofComp Shingle, Other (See Remarks)
  • ConstructionBlock, Other (See Remarks)

Additional Information

  • ZoningC-G

Community Information

  • Address2174 E Apache Boulevard (unit 3)
  • SubdivisionLOLA VISTA
  • CityTempe
  • CountyMaricopa
  • StateAZ
  • Zip Code85281

Interior

  • Interior FeaturesOther (See Remarks), Furnished, Partially Furnished
  • AppliancesOther (See Remarks)
  • HeatingGas, Window/Wall Unit(s)
  • CoolingWindow/Wall Unit

School Information

  • District000

Listing Details

  • Listing OfficeGrace Cre

Property Location

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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than eXp Realty. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on August 24th, 2019 at 5:02pm AKDT.

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