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