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534-540 E Huntington Dr
Tempe, AZ 85282
Moda Tempe · Multifamily Property For Sale · 20 Units

INVESTMENT HIGHLIGHTS

  • Unit Upgrades Include: Stainless-steel appliances, Quartz countertops w/ undermount sink, Vinyl wood plank flooring, Tile backsplash, & more
  • Buildings Include New Roofs, Exterior Paint, Doors, Unit Ceiling Fans, & Private Patios
  • Unit Restrooms Include Updated Tile shower surrounds and new vanities.
  • Exterior Features for Tenants Include a Pool, Covered parking, On-site laundry facility, & 21 storage lockers
  • Ability to Increase NOI's with Approximate $100-$125 monthly premiums when adding in-suite washer/dryer. The owner does not bill back for RUBS.
  • Great location for doing short term rentals - Airbnb or furnished corporate rentals

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.78 AC
Building Size 17,000 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1967/2021
Parking Ratio 1.76/1,000 SF
Zoning R-3, Tempe - Multifamily Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • Stainless Steel Appliances
  • Yard
  • Patio
  • Vinyl Flooring

SITE AMENITIES

  • Laundry Facilities
  • Pool
  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 16 $1,750 900
1+1 4 $1,450 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 133-28-069
  • 133-28-070
Land Assessment
$12,737
Improvements Assessment
$0
Total Assessment
$93,598
  • Listing ID: 24152147

  • Date on Market: 9/23/2021

  • Last Updated:

  • Address: 534-540 E Huntington Dr, Tempe, AZ 85282

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