1211 W UNIVERSITY Drive
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $1,070,600

    Listing View25
    Like Count-
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    1211 W UNIVERSITY Drive,

    Tempe, AZ 85281

    Solid Cash Flow Tempe Apartment Building Generating $63,235 NOI - Ready for new owner.(Great 1031 Placement Option) Located within a mile of ASU, Mill Ave and Tempe Town Area.4,405 sq ft of living space across 5 units. Wholefoods just opened and area is bustling with new retail and development. Property has consistently performed well and had major renovation in 2017.There is still room for ''value-add'' here to further increase rents to market – to increase cash flow and market value in this high growth area of Tempe...See More

    • 0 Beds
    • 0 Baths
    • 0 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 1,149,727
    Listing Date: 11/08/2019
    Days on dealty:Was on Dealty for 112 days
    County:Maricopa
    MLS Type:ARMLS
    Built In:1971
    Has HOA:Yes
    Status Change Date:February 28, 2020
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    • Construction materials: Wood Frame, Painted, Stucco, Slump Block
    • Roof: Composition
    Flooring
    • Vinyl
    Interior Spaces
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    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: Sidewalk(s),
    Lot Details
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    AmenitiesAmenities

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    Utilities
    • Cooling - Ceiling Fan(s), Window/Wall Unit, Electric, Heat Pump
    • Heating - Individual, Heat Pump, Electric
    • Water Source : Individual Meter, City Franchise
    • Sewer Information : Public Sewer
    Laundry
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    Parking
    • Parking Features: Other, Add'l Parking Avail, >1 Space Per Unit, Carport
    • Garage Spaces: 0
    • Covered Spaces: 6
    • Parking Spaces: 8

    HOAHOA & Financial

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    Primary HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Second HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
    • Tempe Elementary School District
    Neighborhood
    • WESTGATE SUB

    NeighborhoodExplore The Area

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    Similar HomesSimilar Homes

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    AgentListing Agent

    Agent
    Michael Vallee

    (Weichert Realtors - Upraise)

    MLS # 6002855

    1211 W UNIVERSITY Drive

    Tempe, AZ 85281

    $1,070,600
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/1211-w-university-drive-tempe-az-85281
    Year Built
    1971
    Garage
    8

    Solid Cash Flow Tempe Apartment Building Generating $63,235 NOI - Ready for new owner. (Great 1031 Placement Option) Located within a mile of ASU, Mill Ave and Tempe Town Area. 4,405 sq ft of living space across 5 units. Wholefoods just opened and area is bustling with new retail and development. Property has consistently performed well and had major renovation in 2017. There is still room for ''value-add'' here to further increase rents to market – to increase cash flow and market value...(Visit the link to Get more info)

    AGENT CONTACT
    Michael Vallee
    Weichert Realtors - Upraise

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.