2174 E Apache Boulevard (unit 3), Tempe

$3,500,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

This is a portfolio sale of 3 parcels and 3 running hotel businesses. This includes 46 units 2 house and 2 offices. You can also tear down units and build up to 65 units of high density apartments. Land total is 92,040 sq feet. Hotels are located in front of light rail for easy access to Tempe Market Place and ASU students. 101 is about a block away for easy access. Currently ran as self managed all 3 hotels bring in about $35,000.00 gross and ran 60-65% for expenses per month. Also can build 65 units high density for multi-family. Drive by only managers unware of sale

Essential Information
MLS® #5778614
Price$3,500,000
Year Built1950
TypeMulti-Family
StatusActive
Sub-Type

25 - 50 Units, Other (See Remarks)

Community Information
SubdivisionLOLA VISTA
CityTempe
CountyMaricopa
StateAZ
Zip Code85281
Address

2174 E Apache Boulevard (unit 3)

Amenities
Parking Spaces50
Amenities

Pool(s), Manager Res/Office, Other (See Remarks), Barbecue Area(s)

Parking

Paved Parking, >1 Space Per Unit

Interior
AppliancesOther (See Remarks)
HeatingGas, Window/Wall Unit(s)
CoolingWindow/Wall Unit
Interior Features

Furnished, Partially Furnished, Other (See Remarks)

Exterior
Lot Description2.11 acres
ConstructionBlock, Other (See Remarks)
Exterior Features

Landscape Wtr System, Cable TV Available

Roof

Comp Shingle, Other (See Remarks)

School Information
District000
Additional Information
ZoningC-G
Office

Russ Lyon Sotheby's International Realty

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Arizona Regional Multiple Listings Service Logo Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than RE/MAX Infinity​. Copyright 2018 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on December 10th, 2018 at 8:33pm MST.

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