1010-1012 S Smith Rd
Tempe, AZ 85281
Las Palmas Apartments · Multifamily Property For Sale · 16 Units

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PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.86 AC
Building Size 11,520 SF
Average Occupancy 100%
No. Stories 1
Year Built 1961
Parking Ratio 1.65/1,000 SF
Zoning R-4 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

  • Pet Play Area

ABOUT 1010-1012 S SMITH RD , TEMPE, AZ 85281

Las Palmas Apartments is a 16-unit multifamily investment opportunity. The property is comprised of 100% two-bedroom / one-bathroom 800-square-foot units. 10 of the 16 units are equipped with large private backyards. In each unit, Las Palmas has been completely renovated with vinyl plank flooring, granite countertops, stainless-steel appliances, new A/C in all units, and individual washer / dryers. The property also features a new paved parking lot, as well as extremely low maintenance desert landscaping. Las Palmas Apartments will make an ideal asset in the highly desirable Tempe submarket.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 16 $1,175 800

LINKS

  • Access to Document Vault

MAP

ADDITIONAL PHOTOS

View Photo Las-Palmas-Interior-06
View Photo Las-Palmas-Interior-08
View Photo Las-Palmas-Interior-10
View Photo Las-Palmas-Drone-7
View Photo Las-Palmas-Exterior-3
View Photo Las-Palmas-Interior-07
View Photo Las-Palmas-Interior-18
View Photo Las-Palmas-Interior-12
View Photo Plat Map
  • Listing ID: 15672069

  • Date on Market: 4/8/2019

  • Last Updated:

  • Address: 1010-1012 S Smith Rd, Tempe, AZ 85281

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