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1429 N Scottsdale Rd
Tempe, AZ 85288
Multifamily Property For Sale
·
118 Units
INVESTMENT HIGHLIGHTS
- All units are completely remodeled with modern amenities.
EXECUTIVE SUMMARY
118 Unit Apartment Complex rooms 65 Units feature kitchens and laundry. Property is currently has a Hotel use and is in the process of being converted to apartments. Amazing location along Scottsdale Rd just north of the Tempe Town Lake. Close to shopping, 202 Loop, and Mill Ave. 58 Studio Units 5 currently with kitchens. 60 one or two-bedroom units with kitchens. All units are completely remodeled with modern amenities.
PROPERTY FACTS
| Price Per Unit | $161,017 | Building Class | B |
| Sale Type | Investment | Building Size | 118,000 SF |
| No. Units | 118 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden |
| Price Per Unit | $161,017 |
| Sale Type | Investment |
| No. Units | 118 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 118,000 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fitness Center
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 58 | - | - |
| 1+1 | 30 | - | - |
| 2+1 | 30 | - | - |
PROPERTY TAXES
| Parcel Number | 132-11-056 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $947,970 |
PROPERTY TAXES
Parcel Number
132-11-056
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$947,970
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