2174 E Apache Boulevard (unit 3), Tempe

$3,950,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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

Essential Information
MLS® #5930729
Price$3,950,000
Year Built1950
TypeMulti-Family
StatusActive
Sub-Type

25 - 50 Units, Other (See Remarks)

Community Information
SubdivisionLOLA VISTA
CityTempe
CountyMaricopa
StateAZ
Zip Code85281
Address

2174 E Apache Boulevard (unit 3)

Amenities
Parking Spaces50
Amenities

Pool(s), Manager Res/Office, Other (See Remarks), Barbecue Area(s)

Parking

>1 Space Per Unit, Paved Parking

Interior
AppliancesOther (See Remarks)
HeatingGas, Window/Wall Unit(s)
CoolingWindow/Wall Unit
Interior Features

Furnished, Partially Furnished, Other (See Remarks)

Exterior
Lot Description2.11 acres
ConstructionBlock, Other (See Remarks)
Exterior Features

Landscape Wtr System, Cable TV Available

Roof

Comp Shingle, Other (See Remarks)

School Information
District000
Additional Information
ZoningC-G
Listing Details
OfficeGrace CRE
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Listing information last updated on October 23rd, 2019 at 3:18am MST.