710 N Arizona Avenue, Chandler

$2,650,000

0 Bed
0 Bath
0 Acre
0 Garage

PRIME INVESTMENT OPPORTUNITY IN HIGH BARRIER TO ENTRY CHANDLER. Currently operated as motel rented nightly & week-to-week, opportunity to lock in tenants for long term to maximize occupancy. Single level garden style property with various unit types and sizes. Corner lot with Frontage entrance on Hwy 87/Arizona Ave and side entrance on Harrison. Newer upgraded paver sidewalks, electronic entry locks, solid concrete buildings, newer roofs, newer water heaters, newer individual AC/heat, granite countertops/showers, fully furnished units with pull-out sofas, 37in TV with full cable, complementary Wi-Fi and all utilities included. - 10 Studios (200sq ft)- 9 One bedroom one bath apartments (427sq ft)- 5 Junior Apts (308sq ft) - Separate 2 bedroom/2 bath detached house with laundry, fire place and backyard
- Additional land area to potentially build more units/pool/basketball courts?
- Earn additional income for charging for utilities, cable, wi-fi, or parking?
Close to golf courses, dining, shopping, schools and Phoenix/Tempe/ASU. Chandler known for Intel, Honeywell, Wells Fargo, Paypal, GM, Microchip offices and locations.
Visit property site www.chandlerstudiosapts.com for more photos and property info.

Essential Information
MLS® #6171680
Price$2,650,000
Year Built1957
TypeMulti-Family
Sub-Type25 - 50 Units
StatusActive
Community Information
Address710 N Arizona Avenue
SubdivisionCHANDLER INN MLD
CityChandler
CountyMaricopa
StateAZ
Zip Code85225
Amenities
AmenitiesNo Pool, Manager Res/Office
Parking Spaces25
ParkingFree, Paved Parking
Interior
AppliancesMicrowave, Refrigerator
Interior Features

Drapes, Fire/Smoke Alarm(s), Furnished

Heating

Electric, Heat Pump, Individual, Window/Wall Unit(s)

Cooling

Electric Refrigeratd, Individual, Window/Wall Unit

Exterior
Lot Description40255
RoofBuilt-Up, Comp Shingle
ConstructionSlump Block
Exterior Features

Cable TV Available, Desert Landscaping

School Information
ElementaryHartford Sylvia Encinas
HighChandler
District

080 - Chandler Unified District

Additional Information
ZoningSF-8.5
Listing Details
OfficeHomeSmart
LISTING MAP

Get directions to this property:

Arizona Regional Multiple Listings Service Logo 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 Realty One Group. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on January 24th, 2021 at 2:32am MST.