1855 E Don Carlos Ave | Tempe, AZ 85281
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- LoopNet Team
1855 E Don Carlos Ave
Tempe, AZ 85281
Element Tempe · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity
- Current Rents are Approximately 25% Below Market
- Proximity to Light Rail Stop at McClintock and Apache Intersection
- Ability to Add In-Suite, Full-Size Washers/Dryers
- Dynamic North Tempe Sub Market Within Walking Distance to Arizona State University
- Located Within the Top Performing Office Market in the Phoenix Metro Area
PROPERTY FACTS
| No. Units | 56 | Lot Size | 2.13 AC |
| Property Type | Multifamily | Building Size | 73,881 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1987/2017 |
| Building Class | B | Parking Ratio | 2.87/1,000 SF |
| Zoning | M-H | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.13 AC |
| Building Size | 73,881 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1987/2017 |
| Parking Ratio | 2.87/1,000 SF |
| Zoning | M-H |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Pet Play Area
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 52 | - | 750 |
| 3+2 | 4 | - | 850 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $32,153 | Total Assessment | $321,527 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$32,153
Improvements Assessment
$0
Total Assessment
$321,527
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