109 E Broadway Rd | Tempe, AZ 85282
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- LoopNet Team
109 E Broadway Rd
Tempe, AZ 85282
Decco 109 · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- Dynamic Tempe Location Within One Mile from Arizona State University, the Largest Public University with Total Enrollment of Over 82,000 Students
- Pride of Ownership Community with an Attractive Mid-Century Modern Design
- The Mill Avenue District features 75 Restaurants, 37 Shops and 26 Nightlife Venues, All Within Walking Distance of 109 Broadway
- Extensively Renovated and Repositioned with All New HVAC Units and Individual Meters for Electricity
- High Demand Rental Market with Strong Fundamentals (Submarket Average Rent is 6.5% Greater than the Metropolitan Average and $39 per Month Higher Year
- Majority Two Bedroom Floor Plans
PROPERTY FACTS
| No. Units | 40 | Building Size | 29,442 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Lot Size | 0.92 AC | ||
| Zoning | R-4 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.92 AC |
| Building Size | 29,442 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 650 |
| 2+2 | 26 | - | 850 |
PROPERTY TAXES
| Parcel Number | 133-23-023A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $156,423 |
PROPERTY TAXES
Parcel Number
133-23-023A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$156,423
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