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625 N Alma School Rd
Chandler, AZ 85224
Harmony · Multifamily Property For Sale
·
42 Units
Property Facts
| No. Units | 42 | Building Size | 26,734 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2017 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 1.92 AC | ||
| Zoning | MF-2 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.92 AC |
| Building Size | 26,734 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2017 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | MF-2 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Kitchen
- Refrigerator
- Oven
- Range
- Patio
Site Amenities
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Grill
- Pet Play Area
- Maintenance on site
- Zen Garden
About 625 N ALMA SCHOOL RD , CHANDLER, AZ 85224
Harmony Chandler Apartments is a 42-unit garden-style apartment community located near the downtown of Chandler, Arizona. Investors have an opportunity to add value through interior renovations and bringing rents to market. Currently, the property's market rents for one & two bedrooms are $882 and $1,062. Meanwhile, average submarket rents are $1,071 and $1,264, respectively (a difference of $189 and $202). The property was constructed in 1973 of wood frame and stucco and received a modern exterior renovation in 2017. The unit mix consists of (5) studio units, (20) one-bedroom / one-bath units and (17) two-bedroom / two-bath units. Each unit is individually metered for electricity and features a large patio/balcony and yards are available in select units. The community provides residents with spacious courtyard, dog park, tranquility garden, covered parking, barbecue grills, ramada and laundry facility. The majority of buildings are single-level construction. Residents enjoy direct access to all areas of the Phoenix Valley by way of the Price Freeway (Loop 101), San Tan Freeway (Loop 202) and Superstition Freeway (US Route 60). The Downtown Chandler area offers numerous dining, entertainment and recreational activities minutes from the community. The evening vibe in Downtown Chandler is led by local dining favorites such as The Brickyard Downtown, SanTan Brewing Company and El Zocalo Mexican Grill. One of the most historical resorts is nestled in Downtown Chandler, The Crown Plaza Chandler Golf Resort which is adjacent to the public San Marcos Golf Course which was established in 1913 and recently received a multi-million-dollar renovation which is enjoyable for players of all abilities. Harmony Chandler Apartments is also located near the Chandler Fashion Center; the Price Corridor where several major employers like Intel, Safelite, PayPal and Wells Fargo have large facilities; and the Arizona State University Research Park where the following major employers also have facilities: GoDaddy, Amazon, Edward Jones and Walgreens.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | $895.00 | 414 |
| 1+1 | 20 | $995.00 | 600 |
| 2+1 | 17 | $1,150 | 725 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $4,682 | Total Assessment | $185,109 |
Property Taxes
