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1011 E ORANGE Street, Tempe, AZ 85281 (MLS# 6444558)

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1011 E ORANGE Street, Tempe, AZ 85281

$9,000,000
A E B C D F Park Terrace - Aerial 04 Park Terrace - Aerial 01
Property Type: Multiple Dwellings Status: Closed
Current Price: $9,000,000 Last Modified: 8/23/2023

Overview

Listing Details MLS# 6444558

Location, Tax & Legal

Map Code/Grid
R37
House Number
1011
Compass
E
Street Name
ORANGE
St Suffix
Street
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
4048
Country
US
County Code
Maricopa
Subdivision
TERRACE PARK 1
Assessor Number
132-73-158-B
Tax Year
2021

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
unknown
Year Built
1963
Uncvrd Parking Spcs
2
Total # of Units
40
# of Buildings
4
Zoning
R-4
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Status Change Info

Off Market Date
2022-08-10
Under Contract Date
2022-08-09
Close of Escrow Date
2022-10-14

Legal Info

Township
1N
Range
4E
Section
23
Lot Number
unknown

More Information

1 Bedroom Units

# 1 Bedroom Units
22
Avg Rent
1425
Avg SqFt
453
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
18
Avg Rent
1625
Avg SqFt
781
# Baths
Yes

Income Expenses

Gross Annual Sch Inc
714000
Net Operating Income
545236

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: 25 - 50 Units Construction: Block Const - Finish: Painted Roofing: Other Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Appliances Included: None Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Other Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping; Other Tenant Pays: Electricity; Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: ABI Multifamily
Last Updated: August - 23 - 2023
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