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Key Details
Sold Price $7,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision 4Th Street West
MLS Listing ID 6100256
Sold Date 07/08/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2017
Annual Tax Amount $51,000
Tax Year 2020
Lot Dimensions 11839
Property Description
Masterfully designed portfolio of 15-single family attached homes in a community located in dynamic Tempe. Centrally located near ASU, the Loop 202 Freeway, Tempe Town lake, and the Phoenix airport. Built in 2018, the community sits on Qualified Opportunity Zone site, and consists of two-story residences averaging 1,572 square feet each. Unit mix consists of nine, 3 bedroom / 3 bathroom residences, and six, 2
bedroom / 2 bathroom residences. 3-bed/3 bath configurations are at 1696 sq feet, or 1793 sq feet, while 2 bed/2 bath configurations are 1332 square feet.
The community combines the sophisticated, connective vibe of the residents with the modern, urban architecture typically seen only in coastal Southern California. These highly-upgraded, town homes are all individually metered
Location
State AZ
County Maricopa
Community 4Th Street West
Zoning R1-PAD, R-2
Interior
Flooring Carpet, Ceramic Tile
Appliance WD Hookup, Microwave, BI OvenRange
Exterior
Garage Attached, >1 Space Per Unit
Community Features Barbecue, No Pool
Waterfront No
Roof Type Foam,Metal
Total Parking Spaces 30
Garage Yes
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Individual Meter
New Construction Yes
Schools
Elementary Schools Scales Technology Academy
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
Senior Community No
Tax ID 124-28-177
Acceptable Financing Conventional, 1031 Exchange
Listing Terms Conventional, 1031 Exchange
Financing Conventional
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